Sen. Lummis Proposes Crypto Tax Bill With $300 Limit, Mining & Staking Relief

Senator Cynthia Lummis of Wyoming has introduced comprehensive digital asset tax legislation aimed at creating practical rules for cryptocurrency users while generating $600 million in federal revenue over the next decade. The bill addresses multiple taxation issues that have created compliance burdens for ordinary digital asset users. The bill sets a $300 de minimis rule […] The post Sen. Lummis Proposes Crypto Tax Bill With $300 Limit, Mining & Staking Relief appeared first on Coin Edition.