In early 2025, the U.S. Congress passed H.J. Res. 25 to formally disapprove and nullify a new IRS rule that would have mandated detailed gross proceeds reporting by brokers dealing with digital asset sales. This resolution blocks implementation of the rule published in the Federal Register (89 Fed. Reg. 106928) and marks a significant move in the ongoing debate over cryptocurrency regulation and financial privacy. The resolution highlights a legislative pushback against expanded IRS oversight in the digital finance space.