Senator Lomes once again showed her strong support for the encryption industry. Lummis thanked President Trump for his help to ensure that America will maintain its progress in financial innovation.
Senator Lomes pays tax reform to protect players from double taxation
In a new series of Posts on xSenator Lomes has shared its plans to protect digital asset users from the just tax rules. She stressed that the country should continue to move forward as a global leader in encryption.
Her transition to protect encryption players follow a recent decision from the court, refusing to grant the tax authority to be called to Coinbase user data. Senator Lomes revealed that she is working on amending a beautiful beautiful bill (OBB).
This amendment will allow Americans to use digital assets without fear of unexpected tax violations. Many in the encryption community see this is a positive step for adoption and broader freedom.
in Another functionSenator Lomes highlights the tax problems faced by encryption mines and booths. She noted that these people are subject to tax twice. First, they pay taxes when they receive bonuses from mining or exhaustion.
Then they pay again when they sell these assets. Lummis launched this system that is unfair and harmful to innovation. She said that these double taxes make it difficult for the United States to stay in front of the digital currency.
Lummis gains support in an attempt to make us in the global encryption power
By removing this burden, Senator Lomes believes that America can become the best bitcoin power and encrypted power in the world. This idea matches its long -term payment to clear and fair coding rules.
Senator Lomes was one of the most explicit encryption supporters in Congress. You often talk about the importance of bitcoin and digital assets in interviews and public speeches.
It can be easy to suggest to more people participating in encryption without fear of heavy tax bills. Supporters say this will encourage innovation and make the United States more attractive to Blockchain startups.
Senator Lomes also believes that the clear tax guidance can help reduce confusion and prevent players in the industry from not fairly punishing it. The reaction of Michael Sailor, a well -known supporter in Bitcoin, was on the positions of Senator Lomes.
He has X postSilor supported her invitation to end the unfair taxes, saying it is necessary if America wanted to lead as a bone bitcoin. Supports it adds weight to the growing batch for change.
Earlier this month, Senator Lomes wanted Congress to adjust the encryption tax regulations. She said that bitcoin and other cryptocurrencies are unfairly targeted.
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Paul Adedoyin is an encryption journalist with more than 4 years of experience that provides timely news, in -depth research, and insightful content to inform and empower his fans. His works appeared in sites like Cryptomode, Cryptonewsflash and others. He holds a certificate in geophysics from OAU, Nigeria. When he does not write, he loves to watch football and read educational magazines. It can be accessed via (e -mail reserve)
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Leave responsibility: The content and the personal views of the author and the current market conditions reflect. Please do your own research before investing in encrypted currencies, because the author and the post is responsible for any financial losses.
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2025-06-30 18:47:00
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