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President Trump signs bill rolling back controversial Biden-era crypto tax rule: CNBC Crypto World

DeFi Daily News by DeFi Daily News
April 11, 2025
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President Trump signs bill rolling back controversial Biden-era crypto tax rule: CNBC Crypto World
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On today’s show, bitcoin ends the week higher, trading back above $80,000 following a volatile week for crypto and stocks. And a group of Democratic senators send a letter urging the Department of Justice to reverse its decision to disband its crypto unit. Plus, Kraken’s Thomas Perfumo explains what happened to bitcoin’s price this week amid a flurry of headlines related to global tariffs and weighed in on what investors can expect in the coming weeks.

Chapters:
00:00 – CNBC Crypto World, April 11, 2025
0:23 – Bitcoin bounces
1:28 – The headlines
3:54 – Kraken’s Thomas Perfumo

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President Trump signs bill rolling back controversial Biden-era crypto tax rule: CNBC Crypto World

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Tags: BidenEraBillBitcoinbitcoin miningblockchainbreaking newsBTCbusiness newscnbcControversialCryptocrypto industrycrypto investingcrypto miningcrypto worldCryptocurrencycryptocurrency newsdigital currencyETFETHEtherfinance newsfinance stockfinancial newsIRSKrakenMarketsMoneymoney tipsnews channelnews stationperfumopresidentRollingRuleSignsStock marketstockstarifftaxThomasTrumpU.S. currencyus newsWorldworld newsXRP
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