Best Wallet Gains as IRS Kills Controversial Crypto Broker
The IRS has withdrawn its controversial crypto broker rule, opening the door for decentralised tools. See how Best Wallet fits into the shift toward privacy and self-custody.
The U.S. Department of the Treasury and the Internal Revenue Service scrapped the “crypto broker” rule after mounting criticism that it ignored privacy concerns and was practically unenforceable.
The move signals a clear shift in how governments approach decentralised protocols, with implications that go beyond taxes.
Now that the rule is gone for good, platforms focused on user sovereignty are picking up traction. For example, Best Wallet’s token presale ($BEST) saw a buying frenzy following the news, and is currently on its way to the $14M milestone.
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