Crypto▼ bearishImpact 7/10
Government Stablecoin Payments Would Fuel 'Tax Evasion Economy,' Lawmaker Warns
Decrypt·

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Rep. Brad Sherman expressed concerns that permitting government payments in stablecoins could promote a parallel economy that undermines the U.S. dollar. He argues this move would facilitate tax evasion and weaken financial oversight.
Originally reported by Decrypt. Read the full article ↗