Rep. Patrick McHenry calls proposed crypto tax rules an ‘attack on the digital asset ecosystem’

Rep. Patrick McHenry, a top Republican on the House Financial Services Committee, has criticized the proposed crypto tax rules as an “attack on the digital asset ecosystem.” These rules, introduced as part of the infrastructure bill, would mandate stricter reporting requirements for cryptocurrency transactions. McHenry argues that such regulations could stifle innovation and hinder the growth of the crypto industry. This dissent comes amidst ongoing debates surrounding the taxation of cryptocurrencies and the government’s role in regulating this emerging market.

Title 1: CryptoSlate Alpha: Empowering Users with Cutting-Edge Insights and Knowledge

CryptoSlate Alpha is a web3 membership offering users a unique opportunity to access exclusive insights and knowledge in the world of cryptocurrency and blockchain technology. By becoming a member, individuals gain access to valuable resources that can help them stay informed and make informed decisions in this fast-paced industry.

What sets CryptoSlate Alpha apart is its dedication to providing cutting-edge content that goes beyond what is available to the general public. This membership is designed to empower users by giving them an advantage in their crypto investments and strategies. With a wealth of information and insights at their fingertips, members can stay ahead of the curve and make smarter decisions.

Connected to Alpha:

If you are already a member of CryptoSlate Alpha, welcome! You are now connected to a community of like-minded individuals who share a passion for the crypto space. As a member, you have access to a range of features and benefits that can enhance your experience and knowledge.

To manage your wallet connection and make the most of your crypto journey, simply click the button below. This will provide you with the tools you need to optimize your membership and leverage the benefits of being part of the Alpha community.

Oops…you must lock a minimum of 20,000 ACS:

If you don’t have enough ACS (Access Protocol Tokens) to meet the minimum requirement, there’s no need to worry. You can easily acquire ACS on various exchanges. These exchanges provide a convenient and secure way to purchase the tokens you need to unlock the full potential of your CryptoSlate Alpha membership.

Title 2: Connect with the Access Protocol and Unlock Paywalled Content

One of the key features of the CryptoSlate Alpha membership is the ability to connect via the Access Protocol. This protocol acts as a web3 monetization paywall, allowing users to access exclusive content in exchange for staking ACS tokens.

The Access Protocol offers a win-win situation for both content creators and consumers. By staking ACS tokens, individuals can unlock paywalled content and gain valuable insights and knowledge. At the same time, content creators are able to monetize their expertise and provide high-quality content to a dedicated audience.

To learn more about the Access Protocol and how it works, you can visit their website. They provide detailed information on the benefits of the protocol and how it can enhance your crypto journey. By leveraging the power of the Access Protocol, CryptoSlate Alpha members can access a wealth of exclusive content that is not available to the general public.


Before opting to lock your ACS tokens with CryptoSlate, it is important to understand and accept the terms and conditions set forth by your third-party digital wallet provider and the Access Foundation. CryptoSlate holds no responsibility or liability for any issues related to the provision, access, use, locking, security, integrity, value, or legal status of your ACS Tokens or your digital wallet.

By assuming the risks associated with locking your ACS tokens with CryptoSlate, you acknowledge that it is solely your responsibility to understand and manage these risks. To gain a comprehensive understanding of the terms and conditions, please refer to our terms page for more information.

Leave a Comment

Google News