News section
Brad Sherman slams stablecoin tax refunds as tax evasion tool
Rep. Brad Sherman criticized proposals to issue tax refunds and government payments in stablecoins, arguing they could facilitate tax evasion.The comments came after NCUA Chairman Kyle Hauptman suggested stablecoins could enable faster government disbursements, including on weekends and holidays.Congress is reviewing new crypto tax proposals covering stablecoins, DeFi, staking, and wash sales.
2026-06-05 20:22:47
Government Stablecoin Payments Would Fuel 'Tax Evasion Economy,' Lawmaker Warns
Rep. Brad Sherman warned that allowing government payments in stablecoins would "sanctify an alternative to the U.S. dollar."
2026-06-05 15:52:15
Falcon Finance taps Anchorage to issue new GENIUS-compliant payments stablecoin fUSD
Anchorage has been gearing up its stablecoin operations, including issuing tokens for OSL Group, Tether, and Western Union.Falcon said fUSD is meant to act as a “regulated counterpart” to its existing overcollateralized synthetic stablecoin USDf.
2026-05-28 04:00:00
