LATEST: 💰 US lawmakers have introduced a draft bill that would exempt stablecoin transactions under $200 from capital gains taxes and allow crypto miners and stakers to defer taxes on rewards for up to five years. https://t.co/Trxj8in0xw ...

Regulatory Landscape - Michael Saylor and Sen Cynthia Lummis are advocating for the elimination of double taxation on Bitcoin miners and stakers [1] - The current double taxation is considered an impediment to the United States' leadership in the cryptocurrency sector [1] Industry Impact - Removing double taxation could foster growth and innovation within the US crypto mining and staking industries [1]