Virtual Currency Tax Fairness Act Reintroduced in Senate

The Virtual Currency Tax Fairness Act, reintroduced in the Senate with bipartisan support, aims to create a de minimis exemption from capital gains tax for small cryptocurrency transactions. This initiative, similar to the existing exemption for foreign currency, is a significant step towards making everyday crypto transactions more practical. Coin Center Advocacy and Senate Sponsorship … Continue reading “Virtual Currency Tax Fairness Act Reintroduced in Senate” The post Virtual Currency Tax Fairness Act Reintroduced in Senate appeared first on Cryptoknowmics-Crypto News and Media Platform .

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