Summary
- Congressman Warren Davidson argued for the repeal of the Biden Administration's cryptocurrency tax policy.
- The Ways and Means Committee is a major committee responsible for US tax policy, and Congressman Davidson has emphasized the need for regulatory guidelines.
- This could reduce uncertainty about the regulatory environment for cryptocurrency investors and provide direction for investment.
Eleanor Terrett, a Fox Business reporter, reported on the 22nd (local time) via X (formerly Twitter) that "US Congressman Warren Davidson stated today at the House Ways and Means Committee that the Biden Administration should repeal the cryptocurrency tax policy it introduced."
She added, "The Ways and Means Committee is one of the main committees responsible for the United States' tax policy, and Davidson has emphasized the need for clear and consistent regulatory guidelines for digital assets since last year."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
