Bipartisan House Lawmakers Propose New Crypto Tax Framework for Stablecoins and Staking

TLDR: Stablecoin transactions under $200 could be exempt from capital gains taxes. Staking and mining rewards may be taxed on a deferred basis for up to five years. Digital assets would follow securities-related tax rules for traders and investors. Wash-sale restrictions extended to cryptocurrencies, closing common tax loopholes. Crypto tax framework efforts in the US [...]

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