THE U.S. JUST DROPPED A #CRYPTO TAX FRAMEWORK
Rep. Max Miller (R-Ohio) and Rep. Steven Horsford (D-Nev.) just released a draft crypto tax bill called the Digital Asset PARITY Act -- and it actually fixes real problems.
It hits the pain points directly:
💵 #STABLECOIN SAFE HARBOR
Using stablecoins for payments wouldn’t trigger capital gains taxes. That removes one of the biggest blockers to using crypto like money.
⏳ #STAKING & MINING TAX DEFERRAL
Rewards wouldn’t be taxed when received -- only when sold. This aligns crypto with how assets are taxed everywhere else.
🧾 #CLEARER DEFINITIONS & REPORTING
More clarity on digital assets, brokers, and obligations. Less gray area = less legal risk.
🏛️ #BIPARTISAN SIGNAL
It’s Congress acknowledging crypto is part of the system and needs modern rules.
Removing friction is how institutions allocate, builders stay in the U.S., and adoption actually scales.$BTC
