US lawmakers demand Treasury answer what it’s doing about Tornado Cash
The proposed bill from Senator Adam Schiff followed similar legislation in the House of Representatives from Maxine Waters in response to the president’s memecoin dinner.
The digital assets subcommittee in the Senate will hold a Tuesday hearing to discuss a bipartisan effort to establish a crypto market structure.
A 30% tax on crypto profits in India is only part of the story. Traders face even bigger hurdles under the current tax regime.
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