‼️ The US Congress is considering tax incentives for the cryptocurrency market
American lawmakers have proposed to exempt small transactions with stablecoins from capital gains tax, simplifying their everyday use.
✅ The bill introduces a tax-exempt limit of up to $200 and allows for a deferral of taxation on income from staking and mining for up to five years.
The initiative reflects the growing pressure from the industry to adapt tax regulations to the actual use of crypto assets.
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‼️ The US Congress is considering tax incentives for the cryptocurrency market
American lawmakers have proposed to exempt small transactions with stablecoins from capital gains tax, simplifying their everyday use.
✅ The bill introduces a tax-exempt limit of up to $200 and allows for a deferral of taxation on income from staking and mining for up to five years.
The initiative reflects the growing pressure from the industry to adapt tax regulations to the actual use of crypto assets.