The Dypto Times

Congress has repealed the IRS DeFi broker rule, Robinhood gets in on some gambling action, and Kentucky is trying to be the next Texas

So far, 2025 has been a whirlwind of pro-crypto legislation and regulatory clarity. It sprinkles some rays of sunshine on those nasty red candles we’ve seen lately. 

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We like to stay positive. So we’ll take whatever silver lining we can get our hands on. 

Let’s get after it.

From the Dypto Crypto Newsroom

Robinhood’s Prediction Market Brings Event Trading to Retail

TLDR

  • Robinhood has added prediction markets to its app.

  • Users can trade contracts based on economic, political, and sports events.

  • It’s a perfect platform for people interested in Polymarket but geo-blocked from using the platform.

Move over Polymarket

There’s a new player in the prediction gambling game. Robinhood has debuted yet another feature aimed at democratizing finance for everyone, this time dipping its toes into prediction markets. 

Why should crypto users care?

Good question. And there are multiple answers. First, this is a prime example of a “use case”, right? Robinhood took a successful DeFi use case and brought it to traditional finance. That’s a big deal.

Secondly, if you listened to their most recent earnings call, you know Vlad and his team have one goal: to make their platform a one-stop shop for all financial products. That includes stocks, options, crypto, and now…prediction markets. 

We foresee a future where users can do pretty much anything that they want, making it incredibly attractive to users who want to do a bit of everything on a simple, easy-to-use interface.

Kentucky Legislators Approve HB 701 Pro-Crypto Bill

TLDR

  • Kentucky has passed HB 701 with a unanimous vote.

  • The bill protects self-custody rights, protects miners, and blocks added taxes to crypto transactions.

  • It still needs to be signed by the governor.

Bitcoin enthusiasts in Kentucky have reason to celebrate. Lawmakers have taken a major step toward cementing Kentucky’s reputation as a crypto-friendly zone. 

With the approval of HB 701, a bill designed to solidify Bitcoin self-custody rights and safeguard mining operations, Kentucky has inched one step closer to becoming a haven for crypto innovation. 

Why this matters. 

For crypto beginners and new Bitcoin users, Kentucky’s proactive stance on digital assets offers an example of how state policies can support innovation without overreaching regulation. If you’re new to crypto, legislation like HB 701 is a reminder that Bitcoin isn’t just a speculative asset. It’s also paving the way for broader adoption and utility in real-world scenarios. 

Whether you’re considering mining Bitcoin, staking, or simply holding some in a self-custody wallet, Kentucky’s latest move signals a welcoming environment for these activities. It also sets the stage for other states to follow suit, potentially creating a network of crypto-friendly regions across the U.S. 

Binance Announces Community Voting Plan For Token Listings

TLDR

  • Binance is now putting listing and delisting in the hands of token holders.

  • Anyone with at least .01 BNB can vote for tokens to be listed or potentially harmful tokens to be delisted.

  • The Binance Team also announced several other new features.

Binance has announced a major overhaul of its token listing framework, placing community participation at its core. With the introduction of “Vote to List” and “Vote to Delist” mechanisms, users now have a direct say in which projects make it to Binance’s platform and which ones don’t make the cut.

What’s the point? Our two pennies.

How many scams and rug pulls have you guys seen lately? We’ve seen a ton. And somehow, many of them managed to weasel their way onto centralized exchanges. 

The Binance Team can’t be everywhere all at once. 

Users often have their ear to the ground for new projects and ones heading south. Now, regular retail investors (like us!) have the ability to voice their opinions, while Binance simultaneously has developed its own checks and balances system that empowers users. It’s brilliant. And it’s a win-win for everyone.

Question of the Week

We released a video about crypto speculation and why users shouldn’t rely on predictions, namely from influencers. One user asked an interesting question: “So it's all luck and hype?”

Meme of the Week

Deep Dive - The New IRS DeFi Broker Rule Repealed by Congress

The repeal of the IRS DeFi Broker Rule was a major victory for the crypto community, marking a turning point in how decentralized finance (DeFi) might be regulated in the United States. The controversial rule faced backlash for imposing unfair tax-reporting burdens on DeFi users, stifling American innovation, and raising privacy concerns. 

Critics argued that the rule would overwhelm the IRS without yielding meaningful improvements in tax compliance, while disproportionately harming U.S.-based crypto businesses by introducing high compliance costs and giving an unfair advantage to foreign competitors.

Responding to these concerns, Congress passed a bipartisan resolution, H.J.Res.25, to overturn the regulation. Lawmakers from both parties emphasized the rule’s impracticality and potential damage to taxpayers, businesses, and the broader crypto industry. 

The vote sent a strong message about the importance of safeguarding privacy, encouraging innovation, and ensuring a fair regulatory landscape.

For individual crypto users, the repeal means less burdensome tax requirements, sustained opportunities for innovation, and a clear acknowledgment of privacy issues within the space. 

Question of the Week Answer

We’re going to start this one off with some definitions we pulled directly from Google.

Conjecture - An opinion or conclusion formed on the basis of incomplete information.

Speculative - 1. engaged in, expressing, or based on conjecture rather than knowledge. 2. (of an investment) involving a high risk of loss.

Invest - expend money with the expectation of achieving a profit or material result by putting it into financial plans, shares, or property, or by using it to develop a commercial venture.

All investments carry risk. That’s part of the game. It’s a matter of risk VS. reward. Crypto, especially high-risk tokens like meme coins, have a lot of speculation and hype around them. Blue chip tokens like BTC, ETH, SOL, BNB, not nearly as much.

There will always be volatility surrounding the crypto market. We’ve talked about that at length. However, one thing we haven’t discussed is that there will also be hype and speculation around it as well. But that is common in all investing products. Gamestop. Tesla. AMC, AMD, Apple — the list goes on. Speculation and investing will always go hand in hand because the goal is to make money, and no one knows for sure which investments will pan out and which ones won’t.

So yes, hype and a bit of luck is nice when you’re dealing with high-risk investments. But at the end of the day, we don’t make content for traders, as that’s who makes the most money from these factors. We invest and create content for people who also want to invest. 

When you invest, you are more inclined to look at things long term and put money where you think you will see the most profit in the long term. So, if you want to deal with less hype and less luck, we recommend sticking with blue chip tokens and stablecoins. You can do plenty with them, from staking to yield farming.

But if you’re looking to trade regularly and want quick profits, social media hype and luck will be your bread and butter. It’s something you unfortunately have to become used to.

Closing Shenanigans

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