Stablecoin transactions could soon be TAX-FREE in the U.S

This comes as part of the revised PARITY Act crypto tax bill.

“In the case of any sale of a regulated payment stablecoin, no gain or loss shall be recognized on such sale”

The bill removes the prior $200 threshold for small crypto transactions and sets a $1 cost basis for certain exchange

EthereumFoundationUnveils$1MAuditSubsidyProgram