The IRS revised its definition of a broker last year to include decentralized cryptocurrency exchanges (DEX).<\/p>\n
However, Trump has now signed a new law that will overturn this change, thereby exempting DEXs from IRS regulations.<\/p>\n
Keep reading to understand its implications, how it\u2019s yet another pro-crypto move by the new president, and how you can benefit from this by buying the best presales<\/a>.<\/p>\n A lot of DeFi exchanges had objected to their inclusion as brokers by the IRS.<\/p>\n Logically, unlike centralized exchanges (CEX), which act as intermediaries between buyers and sellers, decentralized exchanges<\/a> look to eliminate the middleman so that market participants can transact directly. This increases anonymity on the blockchain.<\/p>\n However, the IRS had tax evasion concerns, hence the inclusion. The IRS believed that a lot of crypto holders aren\u2019t paying taxes.<\/p>\n This is why it required decentralized exchanges to send tax forms to the IRS besides, of course, crypto holders. Given the anonymity of blockchains, this was always a difficult task.<\/p>\n The concern has now been adequately dealt with by the \u2018crypto president,\u2019 and DEXs will no longer be considered as a broker for tax purposes.<\/p>\n Positive crypto regulations were one of the major promises Trump had made during his presidential campaign.<\/p>\n With this latest relief, the entire DEX industry has dodged a bullet. Being classified as a broker would have increased regulatory compliance, adding a lot of hindrance to its day-to-day work.<\/p>\n Now that the uncertainty is gone, it will make it easier for decentralized platforms to operate and innovate, which will increase trading volumes.<\/p>\n The total 24-hour trading volume on DEXs right now is $5.91B<\/a>, which is expected to increase going forward. Plus, most newly launched cryptos usually trade on DEXs, driving more traders to these platforms.<\/p>\n If you\u2019re also looking to benefit from the upcoming DEX market growth, here are three new cryptos you should not miss out on.<\/p>\n With crypto trading set to receive a push by Trump\u2019s new mandate, this could be the right time to invest in a new cryptocurrency<\/a> like MIND of Pepe ($MIND)<\/a><\/strong>, which has been specifically designed to revolutionize crypto investing.<\/p>\n $MIND is an AI agent<\/a> programmed to talk to the crypto community on online platforms like X.<\/p>\n By hearing out and then analyzing countless people\u2019s biases towards crypto, MIND of Pepe will be able to find the crypto coins most likely to explode next<\/a>.<\/p>\n Manually doing so, i.e., studying market sentiments to identify purchase-worthy meme coins and altcoins, is nearly impossible.<\/p>\n Thanks to $MIND\u2019s cutting-edge AI technology, though, crypto investing will be much simpler.<\/p>\n\n As a $MIND token holder, you\u2019ll benefit not only from the AI agent\u2019s exclusive investing recommendations but also from the increase in the token\u2019s price once it launches.<\/p>\n As per our $MIND price prediction<\/a>, the token could reach as high as $0.0263 by the end of 2030. This translates to a nearly 710% potential gain if you buy $MIND<\/a> <\/strong>now.<\/p>\n Each token is currently available for just $0.0037015, and the project has raised nearly $8M in presale funding.<\/p>\n For more info, here\u2019s a guide on how to buy\u00a0MIND\u00a0of\u00a0Pepe<\/a>.<\/p>\n Bitcoin shot up by over 5% immediately after Trump\u2019s tariff pause. This shows just how positively it can react to favorable macroeconomic conditions.<\/p>\n In light of Trump\u2019s pro-crypto attitude, we can reasonably expect Bitcoin (and crypto) to rally higher in the near future. When that happens, holders of the BTC Bull Token ($BTCBULL)<\/a> will rejoice the most.<\/p>\n That\u2019s because $BTCBULL will offer real (and free) $BTC to its token holders every time the OG crypto smashes through a new milestone, like $150K, $200K, and $250K.<\/p>\n\n All you have to do to be eligible for free bitcoins is buy and HODL $BTCBULL tokens in Best Wallet<\/a><\/strong>.<\/p>\n Additionally, the project\u2019s creators have decided to follow a deflationary model. This means they\u2019ll eliminate a portion of the total $BTCBULL token supply at regular intervals.<\/p>\n The logic behind this is simple. Strangle supply to effect an increase in demand and, ultimately, an increase in BTC Bull Token<\/a>\u2018s price. The best altcoins<\/a> follow this tactic.<\/p>\n After careful research, our $BTCBULL price prediction<\/a> has put the token\u2019s price at $0.0096 by the end of 2026.<\/p>\n Currently, though, the token is selling for just $0.002455. It\u2019s one of the best cheap cryptos<\/a> because it\u2019s in presale, where it has already raised\u00a0over\u00a0$4.5M.<\/p>\nDEXs No Longer Brokers, Says Trump<\/h2>\n
A Huge Boost to DEX<\/h2>\n
1. MIND of Pepe ($MIND) \u2013 Revolutionary AI Crypto Offering Investment Advice<\/h2>\n
2. BTC Bull Token ($BTCBULL) \u2013 Best Presale to Buy for Bitcoin Maximalists<\/h2>\n
3. PepeX ($PEPX) \u2013 First-Ever AI-Powered No-Code Launchpad for Meme Coins<\/h2>\n