Stablecoins Could Fuel Tax Evasion, Lawmaker Warns
Government Stablecoin Payments Would Fuel ‘Tax Evasion Economy,’ Lawmaker Warns A U.S. lawmaker has warned that allowing government payments to be made using stablecoins could contribute to what they described as a “tax evasion economy,” raising concerns about oversight and accountability in public-sector finance. The warning centers on the idea that if stablecoins were used…
