Government Stablecoin Payments Would Fuel 'Tax Evasion Economy,' Lawmaker Warns
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June 5, 2026
Rep. Brad Sherman warned that allowing government payments in stablecoins would "sanctify an alternative to the US dollar."
Michael Saylor Settles $40 Million Tax Evasion Lawsuit with Washington, D.C.
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July 3, 2024
Billionaire Michael J. Saylor, co-founder of MicroStrategy, has recently made headlines for reaching a historic settlement with the District of Columbia (D.C.). The settlement resolves a tax evasion lawsuit filed by the D.C. Office of the Attorney…
Michael Saylor and MicroStrategy Settle for $40M Over Tax Evasion Allegations in Washington D.C.
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June 4, 2024
In a landmark settlement, billionaire Michael Saylor and his company MicroStrategy have agreed to pay $40 million to the District of Columbia. This agreement comes after allegations that Saylor had evaded paying income taxes while claiming residency…