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U.S. Lawmakers Urge Treasury to Revise Proposed Crypto Tax Rules

Chairman of the House Financial Services Committee, Patrick McHenry (R-NC) and Congressman Ritchie Torres (D-N.Y) led a group of nine lawmakers in the effort.

Rep. Patrick McHenry, a longtime supporter of crypto legislation. (Jesse Hamilton/CoinDesk)
Rep. Patrick McHenry, a longtime supporter of crypto legislation. (Jesse Hamilton/CoinDesk)