Crypto Industry Influences US Economy
US Senator Cynthia Lummis highlighted the large influence of the crypto industry on the United States economy, especially after the upcoming election.
Therefore, Lummis emphasized the importance of appropriate and wise regulations in supporting the development of this industry and creating a conducive environment for innovation in blockchain and crypto technology.
Healthy cooperation between regulators and industry players also plays an important role in the development of the digital asset industry.
The burning tax that applies to the Terra Luna network is 0.5%, of which 80% is used for burning and the remaining 20% is distributed 10% each to the community pool and Oracle pool.
