Wyoming Senator Revives Crypto Tax Exemption Debate Amid Market Talks
Senator Cynthia Lummis advocated for a tax exemption on small crypto transactions and is reported to be leaving the Senate in January 2027.
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Senator Cynthia Lummis advocated for a tax exemption on small crypto transactions and is reported to be leaving the Senate in January 2027.
The article reports that Senator Cynthia Lummis is again advocating a tax exemption for small crypto transactions, while a broader Senate crypto market-structure bill remains stalled. It says Coinbase has objected to the bill’s current text and President Donald Trump has urged banks to negotiate with the crypto sector.
Senator advocating for a de minimis crypto tax exemption
President commenting on crypto-sector and banking negotiations
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