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MainNewsAnalyst Sing...

Analyst Singles Out Cardano for Major Boost Following New US Crypto Law


Apr, 11, 2025
< 1 min read
by Ikemefula Aruogu
for CoinEdition
Analyst Predicts Major Boost for Cardano from New US Law
  • Donald Trump has signed a bill to nullify the expanded IRS crypto broker rule.
  • The new bill will boost Cardano’s influence in the DeFi ecosystem.
  • Trump’s new bill reverses the controversial DeFi broker rule introduced by the Biden administration.

With President Trump signing on the bill cancelling the expanded IRS’ ‘Crypto Broker Rule’, an analyst believes the new conditions will help Cardano expand as a key crypto technology. 

In a video analysis, the analyst explained how the new law could increase Cardano’s importance and open up industry potential.

Related: Rep. Steil Wants Crypto Bills Passed “In Tandem”: Here’s the Strategy

How Does Cardano Gain the Most From This Repeal?

According to the analyst, the new bill will create a conducive atmosphere for Cardano and its technology to be at…

The post Analyst Singles Out Cardano for Major Boost Following New US Crypto Law appeared first on Coin Edition.

Read the article at CoinEdition

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MainNewsAnalyst Sing...

Analyst Singles Out Cardano for Major Boost Following New US Crypto Law


Apr, 11, 2025
< 1 min read
by Ikemefula Aruogu
for CoinEdition
Analyst Predicts Major Boost for Cardano from New US Law
  • Donald Trump has signed a bill to nullify the expanded IRS crypto broker rule.
  • The new bill will boost Cardano’s influence in the DeFi ecosystem.
  • Trump’s new bill reverses the controversial DeFi broker rule introduced by the Biden administration.

With President Trump signing on the bill cancelling the expanded IRS’ ‘Crypto Broker Rule’, an analyst believes the new conditions will help Cardano expand as a key crypto technology. 

In a video analysis, the analyst explained how the new law could increase Cardano’s importance and open up industry potential.

Related: Rep. Steil Wants Crypto Bills Passed “In Tandem”: Here’s the Strategy

How Does Cardano Gain the Most From This Repeal?

According to the analyst, the new bill will create a conducive atmosphere for Cardano and its technology to be at…

The post Analyst Singles Out Cardano for Major Boost Following New US Crypto Law appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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Apr, 12, 2025
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History Says Buy Altcoins, Headlines Say Wait? Market Narrates Two Stories

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Now might be a good time to start accumulating altcoins, some traders are saying. Cry...
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