Yesterday, the Senate voted to overturn the IRS' broker rule, which effectively requires non-custodial software developers to KYC their users.

Getting rid of the broker rule would be a massive achievement, but it's not the end of the road to protect our financial privacy.

For Bitcoin Magazine:

https://bitcoinmagazine.com/legal/the-current-state-of-the-irs-broker-rule

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Good news indeed

So does this mean you can buy a cup of coffee with bitcoin without being legally obligated to report it on your taxes? Have we fixed that awful ~10 year-old impediment to Bitcoin's adoption yet?

A good step in the right direction.