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Senate Finance Committee Chair probes “lack of safeguards” in crypto tax incentives

Published 03/28/2022, 11:15 PM
Updated 03/29/2022, 01:00 AM

Democratic Senator Ron Wyden is digging into the activities of crypto companies that take advantage of tax breaks provided by the Opportunity Zone program.

Senator Wyden’s main concern stems from the perception that some crypto companies may be taking advantage of what he called “a lack of safeguards and transparency measures” in the Opportunity Zone program.

Senator Wyden asks Redivider Blockchain about their involvement in the Opportunity Zone program.

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