Senatorers Lummis and Moreno are asking Finance Ministry to check Biden era tax that US digital asset companies could disadvantage.

Senatorers Lummis and Moreno are asking Finance Ministry to check Biden era tax that US digital asset companies could disadvantage.
Senatorers Lummis and Moreno call treasury to check tax regulations for digital assets on
The US senators Cynthia Lummis and Alex Moreno have asked the US Ministry of Finance to deal with a tax regulation from the bid era that could have potentially adverse effects on companies in the field of digital assets in the United States.
The topic of taxation of digital assets is becoming increasingly important, especially in an economic environment that promotes digital innovations and financial technologies. The senators argue that the existing tax framework may hinder investments in this aspiring sector and endanger the competitiveness of US companies in the global market.
lummis and Moreno emphasize the urgency of checking these tax regulations in order to create a beneficial environment for digital assets and their companies. By adapting the existing tax regulations, the US Ministry of Finance could help strengthen the innovative strength of the industry and ensure that the United States is preserved as a leading location for digital technologies and financial services.
In view of the rapid developments in the field of digital assets, it is crucial that tax policy keeps pace with the needs of a constantly changing economic landscape. Lummis and Moreno's request could thus have far -reaching effects on the future position of the United States in the global competition for digital technologies.