@chiderac244.base.eth
This is the new Bitcoin and Crypto Tax Bill Proposed by 🇺🇸 US House Lawmakers👇
- Stablecoin payments under $200 to be exempt from capital gains tax.
- Miners & Stakers get option to defer taxes on earnings for up to 5 years.
- Crypto tax rules get more aligned with securities regulations.
- New efforts will be made to close crypto tax loopholes, for example wash trading.
Clarity is bullish for crypto!