‘Window Is Narrowing’ To Pass BTC Tax Exemption
Senator Cynthia Lummis is described as the lead champion for Bitcoin tax exemptions, with her upcoming retirement creating urgency for the legislation.
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tl;dr
The Bitcoin Policy Institute is urging Congress to pass a de minimis tax exemption for small Bitcoin transactions by August 2026. The group warns that the upcoming midterms and Senator Cynthia Lummis's retirement create a closing window for legislation.
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CMCynthia M. LummisR-Wyoming
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