đŸ‡ș🇾 A bipartisan bill has just been introduced in the U.S. House of Representatives to ease the taxation related to digital assets. Sponsored by Max Miller and Steven Horsford, the bill is titled Digital Asset PARITY Act.

The flagship measure of the project provides for a tax exemption on capital gains for transactions in stablecoins under 200 dollars.

The goal is to enable the use of stablecoins for everyday payments without creating disproportionate tax complexity for users.