🇺🇸 A new American bill supports the use of digital currencies
A number of legislators in the United States have presented a draft of a new bill aimed at facilitating the use of digital currencies and reducing the tax burden on users and participants in decentralized networks.
🔹 The highlights of the bill include:
Exempting stablecoin transactions under $200 from capital gains tax, making them easier to use for everyday payments.
Allowing cryptocurrency miners and stakers to defer tax payments on rewards for up to 5 years instead of imposing them immediately upon receipt.
📈 Why is this news important? This trend is considered a positive step towards broader adoption of digital currencies in daily life, providing developers and miners with a more flexible regulatory environment, and may encourage innovation within the blockchain sector in the United States instead of its migration to other countries.
⚖️ If this law is enacted, we may witness a significant shift in how tax authorities deal with crypto, especially concerning small payments and long-term gains.
