‘Window Is Narrowing’ To Pass BTC Tax Exemption
Senator Cynthia Lummis is described as the lead champion for Bitcoin tax exemptions, with her upcoming retirement creating urgency for the legislation.
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Senator Cynthia Lummis is described as the lead champion for Bitcoin tax exemptions, with her upcoming retirement creating urgency for the legislation.
The Bitcoin Policy Institute is urging Congress to pass a de minimis tax exemption for small Bitcoin transactions by August 2026. The group warns that the upcoming midterms and Senator Cynthia Lummis's retirement create a closing window for legislation.
Representative and sponsor of competing stablecoin legislation
Horsford's version of this story ↗
Representative and sponsor of competing stablecoin legislation
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