#CryptoRegulation Senator Lummis Leads Republican Efforts Against Unfair Tax Burden for Crypto Companies

A group of Republican senators, led by Senator Cynthia Lummis, has launched a campaign against a new tax regime that they say could seriously harm American companies working with digital assets. They are urgently calling for a review of the law that could force companies to pay taxes on unrealized gains — profits that they have not actually received.