Clarity just took a fall in the Senate. The next day, the House Appropriations Committee pushed the “Digital Assets Tax Certainty Act” through by a vote of about 38:5, with no shortage of votes from either party.
Small online fees of roughly $10 or less can be excluded from capital gains. It also updates rules related to stablecoins, mining staking, wash sales, transfers in loans, and broker-dealer regulations, aiming to align with traditional finance. This session is short, so it’s not clear whether it can make it to the full House, but at least it’s pushed forward again. $BTC #crypto regulation
Small online fees of roughly $10 or less can be excluded from capital gains. It also updates rules related to stablecoins, mining staking, wash sales, transfers in loans, and broker-dealer regulations, aiming to align with traditional finance. This session is short, so it’s not clear whether it can make it to the full House, but at least it’s pushed forward again. $BTC #crypto regulation
