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Stablecoins Should Not Be Exempt From New York Crypto Tax, Lawmaker Says

Upworthy Wednesday, 20 August 2025 ()
In this article: New York State Assemblymember Phil Steck’s proposed tax on crypto transactions will not be modified to accommodate stablecoins’ use in everyday payments, the lawmaker told Decrypt. “I don’t think that there should be some exemption from a tax on crypto if you buy it for the…
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