US Senators Push Bill to Make Small Crypto Transactions Tax-Free - CoinDesk


7/26/2022 12:00:00 AM2 years 9 months ago
by Jesse Hamilton

The top Republican on the Senate Banking Committee joined Democrat Kyrsten Sinema in legislation to exempt transactions of less than $50.

Prominent U.S. senators are trying to free Americans from tracking taxes every time cryptocurrencies change hands, introducing a bill that would exempt them from reporting any transactions up to $50 … [+2083 chars]

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