U.S. Lawmakers Propose PARITY Act to Modernize Crypto Tax Rules

TLDR The PARITY Act aims to modernize crypto taxation by updating rules for staking, trading, and low-value transactions. The bill offers a $200 capital gains exemption for stablecoin payments if issued by regulated, dollar-pegged entities. Staking and mining rewards may qualify for tax deferral until the assets are sold or exchanged under the proposed rules. [...]

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