New US Bill Aims to Rewrite Crypto Tax Rules
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US lawmakers Max Miller and Steven Horsford have introduced a discussion draft for the Digital Asset PARITY Act, aiming to modernize how digital assets are taxed. The proposal seeks to clarify rules around stablecoins, staking, and everyday crypto transactions.One key highlight is a de minimis exemption for stablecoin transactions under $200, meaning small payments wouldn’t trigger taxes or reporting. If adopted, this could make crypto more practical for daily use — a long-standing goal for the industry.
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Yes please. When ?