The U.S. House Committee passed a resolution to revoke the IRS tax reporting rules for DeFi platforms. This move aims to overturn the policy implemented last December, which required DeFi protocols to adhere to broker reporting standards, triggering strong opposition from the industry. Supporters argue that the rule is unfair and could impact DeFi operations. The resolution needs to be passed by the House, the Senate, and signed by the President. The market is optimistic that this move will bring greater flexibility and innovation to the DeFi industry.