On October 13th, the US House Ways and Means Committee pointed out that the trade cleansing bill does not have a decentralized field and does not apply to the crypto industry.

However, the authorities believe that cryptocurrency operations are like stocks and securities, so the trade cleansing laws that apply to stocks and securities can also be applied to legal requirements for cryptocurrencies. In addition, if crypto tax loopholes can be eliminated, it will add a significant source of income. , Can also provide funding for the Infrastructure Act. As previously reported, the fundraising committee issued a proposal last month to include cryptocurrencies in the trade law of the cleansing report.

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#BTC# #LTC&DOGE#


Post time: Oct-13-2021