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Kevin Hern: “We're not going to stop the use of cryptocurrency in the…”

Featuring: Kevin Hern, Republican | U.S. House Oklahoma, 1st Congressional District

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Kevin Hern: The IRS Is 'Spending Dollars To Track Pennies' By Monitoring Every Crypto Transaction

Published | Video Starts at 02:24

So I think what you're referencing is something that we talk about often here is the inefficiency or the efficiencies of the irs. And clearly, if we can reduce that burden, it's, We're not going to stop the use of cryptocurrency in the United States Congress. I mean, that's not what we're here to talk about. We're talking about how to tax these transactions, whether they be classified as currency or property. (02:24–02:29)

CLAIM

Asserts that the U.S. Congress will not stop the use of cryptocurrency.

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