Senator Lummis Calls for Reform in U.S. Crypto Tax Policy

According to ShibDaily, Wyoming Senator Cynthia Lummis has called for a revision of the current cryptocurrency tax policy, arguing that Bitcoin and other digital assets are being unfairly affected by existing tax regulations. In a post dated June 10, Senator Lummis emphasized the need for changes in crypto taxation, stating that the current rules are flawed and require reconciliation. Known as Congress's 'Crypto Queen,' Senator Lummis has been at the forefront of cryptocurrency policy development, notably through her introduction of the BITCOIN Act. This legislation aims to formalize U source: https://www.binance.com/en/square/post/25464136803610?utm_source=BinanceNewsRSS