🚨 Major Move for U.S. Crypto Regulation: Senator Lummis Introduces New Tax Bill 🇺🇸💼

🏛 U.S. Senator Cynthia Lummis has just introduced a landmark crypto tax bill aimed at simplifying the complex rules around digital assets like Bitcoin and beyond.

🔍 Key Highlights of the Bill:

💸 Tax exemption for crypto transactions under $300

⛏️ Clearer guidance on mining, staking, and lending activities

💰 Simplified rules for crypto donations and reporting

✅ A push to align taxation with real-world use and innovation

🌐 This legislation could be a game-changer for how Americans interact with digital assets — reducing friction for everyday transactions and improving clarity for investors and builders in the space.

#Crypto #Bitcoin #CynthiaLummis #CryptoTax #DigitalAssets

https://coingape.com/lummis-bill-simplifies-crypto-tax-compliance/?utm_source=bnb&utm_medium=coingape