Yes, Republicans in the US Senate have indeed introduced a new crypto tax bill, dubbed the ADAPT Act. Senator Steve Daines introduced it.
The bill calls for several major changes — such as tax breaks for purchases made with stablecoins, tax breaks for network fees under $10, and clear tax rules for mining and staking income. But it’s worth remembering that this is just a proposed bill. It would need to pass both the Senate and the House and be signed by the president to become law.
$NVDAB $AAPLB $NVDA.US
The bill calls for several major changes — such as tax breaks for purchases made with stablecoins, tax breaks for network fees under $10, and clear tax rules for mining and staking income. But it’s worth remembering that this is just a proposed bill. It would need to pass both the Senate and the House and be signed by the president to become law.
$NVDAB $AAPLB $NVDA.US