The TRON [TRX] network said it was open to taxing cryptocurrencies if doing so would help the sector develop properly after China announced new regulatory guidelines.
The terrible events in the crypto market in 2022 have undoubtedly prompted a greater emphasis on regulation. Due to this, governments will now be able to impose taxes on the cryptocurrency market amid much regulatory scrutiny witnessed during the year.
TRON declared that it favored taxing cryptocurrencies as long as it aided in sustainable growth. The most recent FOMC meeting may have implications for TRX.
Source: https://crypto.news/tron-praises-chinese-cryptocurrency-tax-guidelines/