BREAKING: 🇺🇸 Big move for crypto in the U.S.
The House Ways and Means Committee just advanced a new crypto tax bill.
The headline:
Gas and network transaction fees of $10 or less could be exempt from capital-gains tax calculations.
The bill also brings clearer tax rules for everyday crypto payments, while treating mining and staking rewards as ordinary income.
Not law yet, but this is a meaningful step toward making crypto taxes less messy.
U.S. crypto policy is moving.
The House Ways and Means Committee just advanced a new crypto tax bill.
The headline:
Gas and network transaction fees of $10 or less could be exempt from capital-gains tax calculations.
The bill also brings clearer tax rules for everyday crypto payments, while treating mining and staking rewards as ordinary income.
Not law yet, but this is a meaningful step toward making crypto taxes less messy.
U.S. crypto policy is moving.
