EU eyes ban on foreign crypto services linked to Russia sanctions evasion
The European Commission has proposed sanctions on 20 non-EU entities, including crypto platforms, as part of a new package that could introduce the bloc’s first...
Tag : Evasion
Brad Sherman slams stablecoin tax refunds as tax evasion tool
Brad Sherman has criticized proposals to distribute government payments through stablecoins, warning during a congressional hearing that such a system could support tax evasion while...
Government Stablecoin Payments Would Fuel 'Tax Evasion Economy,' Lawmaker Warns
In brief Rep. Brad Sherman said allowing government payments in stablecoins would “sanctify an alternative to the U.S. dollar” built to “facilitate a tax-evasion economy.”...