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CoinTelegraphMar 9, 2026Trade Press

Wyoming Senator revives crypto tax exemption debate amid market structure talks

President Trump urged the banking sector to reach a deal with the crypto industry to advance the CLARITY Act.

Wyoming Senator revives crypto tax exemption debate amid market structure talks
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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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