PANews July 3 news, U.S. Senator Cynthia Lummis announced her proposed comprehensive digital asset tax legislation, striving to present it to the president and welcoming public comments on the bill. The bill focuses on several key issues: setting a minimum threshold rule of $300 for small transactions (with an annual total cap of $5,000), adjusted for inflation starting in 2026, balancing tax and transaction convenience; in the area of digital asset lending, expanding securities lending rules to prevent immediate tax consequences from temporary lending, supporting healthy market development; revising clauses to fill loopholes in false transaction loss, ensuring tax fairness between digital assets and traditional securities; allowing traders to price assets at market value, eliminating asset type discrimination; deferring the confirmation of mining and staking income until asset disposal, alleviating taxpayer cash flow pressure; in the field of charitable donations, exempting active trading digital asset assessments, reducing donation difficulty. According to the Congressional Joint Committee on Taxation, the bill is expected to generate approximately $600 million in net fiscal revenue between 2025 and 2034.