Patrick McHenry, a leading figure in the U.S. House of Representatives Financial Services Committee, has voiced his concerns over the proposed cryptocurrency regulations by the U.S. Treasury Department and the IRS. The new regulations, announced today, are designed to prevent tax evasion by cryptocurrency investors. DeFi protocols and NFT marketplaces will also be subject to these new rules. The post US Representative’s Fiery Stand on Bitcoin and Crypto Regulations appeared first on COINOTAG NEWS .
