Blockchain Association asks Congress to fix crypto taxes
The Blockchain Association sent a letter to Senate and House leadership today pushing for bipartisan digital asset tax legislation. It also launched TaxClarityforAmerica.com so people can write to their lawmakers.
The asks: a real de minimis exemption, mining and staking rewards taxed only when sold, and reporting that protects privacy. They say 67 million Americans hold digital assets. $BTC
Should small crypto payments be tax free?
#CryptoTax #Regulation
Source: BlockchainAssn on X
The Blockchain Association sent a letter to Senate and House leadership today pushing for bipartisan digital asset tax legislation. It also launched TaxClarityforAmerica.com so people can write to their lawmakers.
The asks: a real de minimis exemption, mining and staking rewards taxed only when sold, and reporting that protects privacy. They say 67 million Americans hold digital assets. $BTC
Should small crypto payments be tax free?
#CryptoTax #Regulation
Source: BlockchainAssn on X