Trump's Law Exempts DEXs from IRS Regulations, Boosting Crypto Trading

The Internal Revenue Service (IRS) revised its definition of a broker last year to include decentralized cryptocurrency exchanges (DEX). However, the recent signing of a new law by Trump has overturned this change, thereby exempting DEXs from IRS regulations. This move has significant implications for the cryptocurrency market, particularly for decentralized exchanges, which had previously objected to their inclusion as brokers by the IRS. Unlike centralized exchanges, which act as intermediaries, DEXs aim to eliminate the middleman, allowing market participants to transact directly and increasing anonymity on the blockchain. The IRS had initially included DEXs due to concerns about tax evasion, requiring them to send tax forms to the IRS and crypto holders. This was a challenging task given the anonymity of blockchains. With the new law, DEXs will no longer be considered brokers for tax purposes, addressing these concerns and providing a significant boost to the DEX industry.

This latest relief from Trump is part of his broader pro-crypto stance, which was a major promise during his presidential campaign. The exemption from being classified as brokers will reduce regulatory compliance for DEXs, making it easier for them to operate and innovate. This regulatory clarity is expected to increase trading volumes on DEXs, as most newly launched cryptocurrencies typically trade on these platforms. The total 24-hour trading volume on DEXs is expected to rise, driven by the influx of new traders and cryptocurrencies. For those looking to benefit from the upcoming growth in the DEX market, several new cryptocurrencies are worth considering.

One such cryptocurrency is MIND of Pepe ($MIND), an AI agent designed to revolutionize crypto investing. $MIND is programmed to analyze market sentiments and identify crypto coins likely to explode next. This AI technology simplifies crypto investing by providing exclusive investing recommendations to token holders. As a $MIND token holder, you will benefit from the AI agent's recommendations and the potential increase in the token's price. According to the analyst's forecast, the token could reach as high as $0.0263 by the end of 2030, translating to a nearly 710% potential gain if bought now. Each token is currently available for just $0.0037015, and the project has raised nearly $8M in presale funding.

Another promising cryptocurrency is BTC Bull Token ($BTCBULL), which is particularly appealing to Bitcoin maximalists. Bitcoin's positive reaction to favorable macroeconomic conditions, such as Trump's tariff pause, indicates that it could rally higher in the near future. $BTCBULL offers real and free $BTC to its token holders every time Bitcoin smashes through new milestones, such as $150K, $200K, and $250K. To be eligible for free bitcoins, you need to buy and hold $BTCBULL tokens in Best Wallet. The project follows a deflationary model, eliminating a portion of the total $BTCBULL token supply at regular intervals to increase demand and price. According to the analyst's forecast, the token's price could reach $0.0096 by the end of 2026. Currently, the token is selling for just $0.002455 and has already raised over $4.5M in presale.

PepeX ($PEPX) is another innovative cryptocurrency project, described as the first-ever AI-powered no-code launchpad for meme coins. Inspired by the original Pepe, which was one of the best meme coins of all time, $PEPX aims to revolutionize how meme coins are built. By offering a platform that can create meme coins with just prompts, PepeX tears down the barriers that require full-stack development. Non-tech-savvy crypto enthusiasts can create, promote, and manage their own meme coins using PepeX's AI agents, which integrate with platforms like X and Telegram. The project employs on-chain monitoring and anti-sniping technology to ensure transparency and fairness in the distribution and trading of meme coins. $PEPX is currently in presale and has already amassed over $1.3M. You can grab one token for only $0.0268 if you get in now.

While these presales offer exciting opportunities, it is important to note that there is no guarantee of profits. Investors should only invest an amount they are comfortable with and conduct their own research before investing. The information provided is not a replacement for financial advice from a qualified professional.