Coinbase denies lobbying against Bitcoin tax exemption: ‘Totally false’
Senator Cynthia Lummis has been championing tax exemptions for Bitcoin transfers below $300 and is the lead voice on the CLARITY Act.
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Coinbase CPO Rejects Claims of Opposing Bitcoin Tax Relief as Jack Dorsey Demands Clarity from Brian Armstrong4 articles·2 sources·Avg cred 37/100
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tl;dr
Coinbase CEO Brian Armstrong and executive Kara Calvert denied allegations that the exchange is secretly lobbying against tax exemptions for small Bitcoin transactions. The controversy involves whether the CLARITY Act should favor stablecoins over other digital assets.
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CMCynthia M. LummisR-Wyoming
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