U.S. lawmakers propose tax breaks for small stablecoin payments and stake rewards.

[U.S. lawmakers propose tax relief for small stablecoin payments and staking rewards] U.S. legislators have introduced a discussion draft that seeks to alleviate the tax burden on ordinary Crypto Assets users by exempting small stablecoin transactions from Capital Gains Tax, providing a $200 tax exemption for stablecoin payments, and offering new deferral options for staking and Mining rewards. According to the draft, if a stablecoin is issued by an authorized issuer under the GENIUS Act, is pegged to the U.S. dollar, and maintains a trading price within a narrow range around $1, then users will not need to report gains or losses on transactions of up to $200.