Senator Lummis proposes to exempt small crypto transactions from taxes, ending double taxation for miners and stakers
Key Takeaways Senator Lummis introduced legislation to modernize crypto tax rules and encourage innovation. The proposal includes a $300 de minimis exemption and updated rules for miners, stakers, and lending. Share this article Senator Cynthia Lummis is pushing for digital asset tax reform through new legislation projected to generate $600 million from 2025 to 2034 […]