Figure co-founder: A certain exchange is still obstructing the passage of the CLARITY Act, the industry does not need to care about its opinion
Foresight News reported that Mike Cagney, co-founder and executive chairman of Figure, stated on Twitter that he recently received a 1099-MISC tax form from Exchange Custody showing $1,600 in income last year, while his three accounts at the exchange have a total balance of only about $10. After multiple unsuccessful attempts to resolve the issue with customer service, he was ultimately advised to "consult a tax advisor." He also criticized the exchange for still obstructing the passage of the CLARITY Act, stating that the blockchain industry no longer needs to care about their opinions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Asuransi Bintang announces extraordinary shareholders meeting
Nippon Steel signs JPY 30 billion subordinated loan to fund bond redemption
Bankers of Anthropic and OpenAI Push for Top Credit Ratings After IPO
Indo Oil Perkasa says unaware of material information behind OILS share volatility
