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Reserve Bank of India Still Favors Crypto Prohibition to Combat Tax Evasion
The Reserve Bank of India continues to advocate for a complete ban on cryptocurrencies, citing concerns over tax evasion, according to Reuters.
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US Lawmaker Warns Against Government Stablecoin Payments, Citing Tax Evasion Risk
A prominent US lawmaker has voiced strong concerns that allowing government payments in stablecoins could foster tax evasion and undermine the dominance of the US dollar.