House Lawmakers Set To Square Off With White House, Treasury Department Over ‘Stifling’ Crypto Tax Plan

Fight Censorship, Share This Post!

House lawmakers are set to consider a controversial and last-minute cryptocurrency tax provision that has been criticized as vague, expansive, and potentially unworkable, with many fearing it could stifle the industry and force companies to collect personal information on their customers.

The provision has the backing of the Biden administration. Treasury Secretary Janet Yellen personally lobbied lawmakers earlier this month, advocating for more stringent regulation of digital assets.

This post has been republished with implied permission from a publicly-available RSS feed found on Daily Caller. The views expressed by the original author(s) do not necessarily reflect the opinions or views of The Libertarian Hub, its owners or administrators. Any images included in the original article belong to and are the sole responsibility of the original author/website. The Libertarian Hub makes no claims of ownership of any imported photos/images and shall not be held liable for any unintended copyright infringement. Submit a DCMA takedown request.

Fight Censorship, Share This Post!

-> Click Here to Read the Original Article <-

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.