The U.S. is forced to loosen crypto tax laws, is it because foreign companies are too strong? The inside story revealed!

You absolutely can't imagine! U.S. digital asset companies are facing 'tax strangulation,' while foreign companies can easily enter the arena?

Wyoming Senator Cynthia Lummis is furious! She, along with another Republican lawmaker, has spoken out directly to the Treasury Department: relax the crypto tax laws, or the U.S. will be pushed out of the game!

🔍 Core issue:

Current tax laws impose a 15% tax burden on U.S. companies' unrealized gains from crypto assets, akin to a reverse version of 'robbing Peter to pay Paul'!

Foreign companies: enter the fray lightly, firepower fully open

U.S. companies: profits haven't arrived, taxes come first!

The two lawmakers stated: this is not fair competition, but self-imposed restrictions.

📉 If this continues, U.S. companies may no longer be willing to hold large amounts of crypto assets, effectively withdrawing from the global digital financial battlefield.

🧠 Recommendation: The Treasury Department should take immediate action to correct this, either by eliminating unrealized gains or adjusting the tax burden mechanism, otherwise, U.S. crypto hegemony will be hollowed out from within!

💥 Conclusion: This tax storm may rewrite global crypto rules, and the U.S. stands at a watershed moment!