2023-05-21 11:44:26
President Joe Biden said on the final day of the G7 meeting that he rejected a deal that protected crypto traders from tax evasion.
On the evening of May 21, 2023, Watcher.Guru tweeted that President Joe Biden said he disagreed with a tax settlement that protects crypto traders.
And Sky News tweeted President Joe Biden’s speech on the final day of the G7 meeting.
“I do not accept agreements that protect crypto traders from tax evasion. while nearly 1 million Americans are suffering from food shortages.”
He also said he would not agree to a $30 billion tax break for the oil industry. He spoke regarding the $200 billion in profits made in the oil industry last year. And he said the oil industry must not refuse to pay $30 billion while the lives of 21 million Americans are at stake.
This has created a huge buzz among people in the crypto industry. With many voices coming out saying not to pay attention to his words.
And people in the crypto industry say The reason why President Joe Biden is doing this is because he doesn’t want crypto traders to get rich.
We will have to wait and see how President Joe Biden’s speech will affect the crypto market. Although some people in the crypto market think that his words will have no effect on the crypto market.
Source: Watcher.Guru
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