US Congressman: If cryptocurrency becomes currency, it means that tax laws can never be enforced
U.S. Representative Brad Sherman (Democrat of California) stated, "The long-term goal of cryptocurrency billionaires is to create a new currency, and they have given it a very good name. The literal meaning of cryptocurrency is hidden money, and if it becomes a currency, it means we will never be able to enforce our tax laws."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CryptoQuant: BTC valuation reset underway, market gradually returning to fundamentals
Kazuo Ueda: It is indeed possible to make policy decisions based on underlying inflation
Trending news
MoreThe Governor of the Bank of Japan's speech leans toward the "hawkish" side. If the economy continues to develop as expected, the central bank will further raise interest rates. The specific decision will be made after assessing the impact of this rate hike.
Kazuo Ueda: It is indeed possible to make policy decisions based on underlying inflation