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U.S. House Proposes Tax Relief for Small Stablecoin Transactions

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A U.S. House bipartisan draft framework proposes to exempt regulated, dollar-pegged stablecoin transactions under $200 from capital gains tax. Altcoins to watch may see indirect benefits as the plan also allows deferral of taxes on staking and mining rewards for up to five years. The move introduces a safe harbor for small stablecoin trades and addresses taxation of blockchain validation rewards, amid shifting sentiment reflected in the fear and greed index.
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