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U.S. Lawmakers Propose New Crypto Tax Framework with $200 Stablecoin Exemption

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U.S. lawmakers Max Miller and Steven Horsford have introduced a new capital gains tax framework for crypto, offering a $200 exemption for stablecoin payments in daily transactions. The plan includes a five-year tax deferral for staking and mining rewards and applies securities-style rules to crypto, including wash sales and mark-to-market options. The proposal aims to streamline digital asset taxation and ease compliance for small users, potentially improving liquidity and crypto markets efficiency.
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