‘Window Is Narrowing’ To Pass BTC Tax Exemption
Representative Steven Horsford co-sponsored the stablecoin tax exemption bill, which the BPI views as a competitor to Bitcoin-specific 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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SHSteven HorsfordD-Nevada-4
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