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U.S. Lawmakers Propose Tax Relief for Small Stablecoin Transactions and Staking Rewards

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U.S. lawmakers have proposed tax relief for small stablecoin transactions and staking rewards, as reported by Odaily. The draft would exempt payments under $200 from capital gains tax and allow deferrals for staking and mining rewards. The relief applies to stablecoins under the GENIUS Act, pegged to the U.S. dollar and trading near $1. Traders are monitoring the fear and greed index for market reactions, while altcoins to watch may see renewed interest from policy shifts.
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