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by: xpoolPosted on: October 9, 2025

Senator Lummis Proposes Bitcoin Tax Exemption to Ease Everyday Use

Senator Cynthia Lummis introduces a proposed de minimis tax exemption for small Bitcoin transactions, aiming to simplify U.S. crypto use and encourage broader adoption. Her proposal exempts transactions under $300 from capital gains taxes, removing reporting burdens for everyday Bitcoin payments.

Related posts:

  1. Lummis & Gillibrand Introduce Bipartisan Crypto Tax Bill
  2. Senator Lummis Proposes Bitcoin Tax Reform to Boost Industry Growth
  3. Senator Lummis Proposes Tax Exemption for Small Bitcoin Transactions
  4. Dorsey Pushes For De Minimis Bitcoin Tax Exemption: A Step Towards Everyday Payments
Bitcoin Cryptocurrency Tax Reform

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