The U.S. Congress has only 5 months left to deal with the tax exemption bill for small Bitcoin transactions, and this pace is really making people anxious.
In simple terms, these tax details are the "last mile" hindering BTC from becoming a regular payment method. If buying a breakfast requires meticulous calculation of profits and losses for tax reporting, then the so-called "digital gold" becomes practically useless at the payment end. Although large funds don't care about this small tax, it is crucial for building confidence in the market, directly affecting retail investors' willingness to enter. From a macro perspective, a narrowing policy window often accompanies intensified bull-bear struggles. Given the efficiency of these legislators, it's estimated that it will be hard to see clarity until the last moment, and seasoned investors must still be prepared for a protracted battle.
🚨 #Bitcoin #CryptoTax #Policy $BTC
