Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: Galaxy on April 10, 2021, 03:23:21 PM
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The crypto industry desperately needs to flex its influence in Washington, but as usual, infighting prevails.
It's crunch time for crypto in Washington, D.C.
A regulatory battle is coming and the federal government is baring its teeth in nasty ways. These include the Treasury Department pushing the global Financial Action Task Force to adopt anti-crypto regulations, and a new spree of investigations by the IRS. Meanwhile, Congress still shows no sign of passing commonsense measures—such as a de minimis tax exemption for crypto transactions under $200—that would make crypto more appealing for consumers.
Source: https://decrypt.co/66011/mr-bitcoin-crypto-trade-groups-in-washington-dc