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Texas senator plans to challenge IRS on crypto tax regulations
According to News.bitcoin, Republican Senator Ted Cruz of Texas plans to use the Congressional Review Act (CRA) next week to challenge a tax regulation that violates the rights of cryptocurrency brokers. The move is seen not only as a procedural tactic, but also as a principled position against the extension of government power to free enterprise and technological innovation. The regulation has drawn severe criticism from the cryptocurrency industry, who have condemned the law as...
2025-01-18 02:36:36
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