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- 🌕 Gate Square · Creator Incentive Program Day 8 Topic– #XRP ETF Goes Live# !
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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas, - 🚀 Gate $PUMP Futures Trading Challenge is Now Live!
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Announcement link: https://www.gate.com/announcements/article/47104 - 🌕 Gate Square · Mid-Autumn Creator Incentive Program is Now Live!
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📅 Ends at 16:00, Sep 17 (UTC)
Trump signs resolution to abolish encryption tax rules
According to the Gate.io News bot, TheBlock reported that U.S. President Trump signed a resolution to abolish encryption tax rules. This rule was established by the Biden administration at the end of its term, requiring "accomplice brokers" to collect and report user transaction data to the IRS, while also providing users with a 1099 form for reporting non-employment income.
The resolution for repeal was proposed by Republican lawmakers Ted Cruz and Mike Carey and has been passed by both houses of Congress. The U.S. Department of the Treasury previously clarified that the rule applies to front-end service providers that interact directly with users and operate access to the main websites of decentralized protocols, rather than the protocols themselves.