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TechFlow news, August 21 — According to Decrypt, New York State Assemblymember Phil Steck said his proposed 0.2% cryptocurrency transaction tax will not provide exemptions for stablecoin transactions. The proposal is expected to generate approximately $158 million in annual revenue for New York State, which will be used to support drug abuse prevention programs in schools across upstate New York.
According to Decrypt, New York State Assemblyman Phil Steck said his proposed 0.2% cryptocurrency transaction tax will not provide exemptions for stablecoin transactions. The proposal is expected to generate approximately $158 million in annual revenue for New York State, which will be used to support drug abuse prevention programs in schools across upstate New York.
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