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Crypto Legislation Amidst Washington's Battle
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Crypto legislation may still have a chance in Congress as negotiations continue. Senators are pushing for faster implementation of IRS regulations to combat tax cheats. Crypto companies are advocating for industry-friendly laws in Washington, but face an uphill battle amidst a budget fight and Senate crackdown on money laundering.
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How can crypto companies effectively navigate the uphill battle in Washington to secure industry-friendly legislation amidst competing priorities?
How might the inclusion of crypto-related measures in the NDAA bill impact the regulation of the crypto industry?
What are the potential implications of faster implementation of IRS regulations on tax cheats and the overall tax reporting system?
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