Analyst Singles Out Cardano for Major Boost Following New US Crypto Law

Donald Trump has signed a bill to nullify the expanded IRS crypto broker rule. The new bill will boost Cardano’s influence in the DeFi ecosystem. Trump’s new bill reverses the controversial DeFi broker rule introduced by the Biden administration. With President Trump signing on the bill cancelling the expanded IRS’ ‘Crypto Broker Rule’ , an analyst believes the new conditions will help Cardano expand as a key crypto technology. In a video analysis, the analyst explained how the new law could increase Cardano’s importance and open up industry potential. Trump Signs CRYPTO Bill! CARDANO Will Unleash TRILLIONS in DeFi! Intro 00:00 Trump signs first crypto bill 1:15 Cardano center of something big 2:20 SEC chair & Cardano 3:00 Bitcoin & Cardano 3:55 Ripple & Cardano 5:20 Thoughts on Cardano charts 6:30 Prepare for some pain 8:30 pic.twitter.com/4oR2y49jKa — Dan Gambardello (@cryptorecruitr) April 11, 2025 Related: Rep. Steil Wants Crypto Bills Passed “In Tandem”: Here’s the Strategy How Does Cardano Gain the Most From This Repeal? According to the analyst, the new bill will create a conducive atmosphere for Cardano and its technology to be at… The post Analyst Singles Out Cardano for Major Boost Following New US Crypto Law appeared first on Coin Edition .

Source: Coin Edition