Former Trump Critic Rises as Crypto Advocate and Administration Ally Sacks’ appointment signals that the second Trump administration is rewarding Silicon Valley figures who supported his campaign. Moreover, it indicates that the administration will push for policies generally supported by crypto entrepreneurs.
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Crypto Tax Filings Nearly Double in Finland, But Majority Remain Undeclared
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There also remain some concerns around the potential impact of complex regulatory capital and operational requirements on smaller players within the sector. At this stage, we’re not aware of any proposals for a lighter-touch regime for certain types of business models, but see the potential advantages in encouraging innovation and competition by reducing compliance costs and regulatory burden.
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