🇺🇸 Lummis launches independent crypto tax bill

Senator Cynthia Lummis introduced a bill to reform cryptocurrency taxes.

It proposes:

- Tax exemption for transactions under $300. $SUI

- Tax deferral on mining and staking rewards.

- Elimination of double taxation on crypto loans and donations.

🎯 Objective: to facilitate the everyday use of crypto without tax penalties. $HFT

💥 If coffee with $BTC pays taxes… innovation cools down.

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