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Crypto firms failed to deliver 'promised benefits' from lawmaker-backed incentives, says nonprofit

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cointelegraph.com

The Tech Transparency Project, or TTP, a research initiative of the United States-based nonprofit watchdog group Campaign for Accountability, has released a report claiming crypto firms “provided little in return” for state governments offering financial incentives.

In a report released Thursday, the TTP said that many crypto firms based in certain U.S. states have “reaped special benefits” for setting up operations while not always delivering jobs, economic growth, or tax benefits for residents.

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