Wyoming Senator revives crypto tax exemption debate amid market structure talks
Senator Scott indefinitely postponed a markup for the CLARITY Act following concerns from industry leaders about tokenized equities.
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tl;dr
Senator Cynthia Lummis is advocating for a $300 crypto tax exemption as the Senate debates the CLARITY Act. The push comes amid delays from Banking Committee Chair Tim Scott and pressure from President Trump for banks to resolve conflicts over the legislation.
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TSTim ScottR-South Carolina
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