U S Congressmen Point Fingers At Crypto Firms For Tax Evasion

Last updated: June 9, 2025, 11:29

U S Congressmen Point Fingers At Crypto Firms For Tax Evasion

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U.S. Congressmen Brad Sherman and Stephen Lynch have sent a letter to heads of the Treasury and the Internal Revenue Service (IRS). In the letter, addressed to

U.S. lawmakers challenge IRS tax rule on DeFi projects

A 2025 infrastructure bill in Congress laid the groundwork for the Treasury’s IRS to formalize its approach to cryptocurrency regulation. Since then, the industry has

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The U.S. Treasury Department and Internal Revenue Service (IRS) should promptly release planned crypto tax rules so the industry can be brought into full compliance

How the Crypto Industry’s Political Spending Is Paying Off

And in both chambers, they have voted to repeal a Biden-era rule that required crypto firms to report certain tax information to the Internal Revenue Service.

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The U.S. House advanced a resolution to block an IRS tax rule that requires DeFi projects to report user transactions. Lawmakers and industry groups argue the rule is

The letter emphasizes the need for the implementation of tax regulations specifically tailored to the crypto sector. The congressmen drew attention to the significant role

Two Congressmen in the United States recently blamed crypto companies as the country’s key source of tax evasion. In a letter to the Heads of the Treasury and the Internal Revenue

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Legisladores estadounidenses culpan a las criptomonedas de la

Two members of the United States Congress have penned a letter to the heads of the Treasury and the Internal Revenue Service, demanding the implementation of tax

Dos miembros del Congreso de los Estados Unidos han escrito una carta a los responsables del Tesoro y del Servicio de Impuestos Internos, exigiendo la

US lawmakers blame crypto firms for ‘tax gap’ in letter to Treasury

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U.S. Congressmen Point Fingers at Crypto Firms For “Tax Evasion

Senators Elizabeth Warren

Letter to Treasury Points Finger at Crypto Firms for 'Tax Gap,' Say

Senators Elizabeth Warren, Bernie Sanders, and other lawmakers are exhorting the Treasury Department and Internal Revenue Service (IRS) to publish its already