Senator Cynthia Lummis introduces digital asset tax reform after it was left out of the BBB.
Key provisions:
– $300 de minimis exemption per transaction, $5,000 annual cap
– Aggregation rule for related transactions
– Inflation adjustment starting in 2026
#Bitcoin #BTC #UnitedStates #US #Nostr #Damus
lol. Track and trace. And moving Bitcoin into the Tax realm. Evil.
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Don’t trust anyone