🚨 JUST IN | CRYPTO TAX UPDATE 🇺🇸
US House lawmakers have drafted a new Bitcoin & crypto tax bill, and it could be a big shift for the industry 👇
🔹 Stablecoin payments under $200 may be exempt from capital gains tax
🔹 Staking & mining taxes could be deferred for up to 5 years
🔹 Crypto tax treatment to be aligned with securities rules
🔹 Plans to close loopholes, including wash trading
📌 If passed, this would simplify crypto payments and give builders & investors more clarity.
Market watching closely 👀
#CryptoRegulation #BitcoinNews #Stablecoins #BinanceUpdate #CryptoTax
