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U.S. Senator Proposes Tax Relief for Stablecoin Transactions, Ethereum Foundation Responds to USDT Phishing Attack

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KuCoin exchange reports a U.S. legislative draft proposing tax exemptions for small stablecoin transactions, including a $200 threshold for payments and new deferral options for staking rewards. The Ethereum Community Foundation addressed a 50 million USDT phishing attack, urging full wallet address visibility to prevent similar thefts. KuCoin users are advised to double-check transaction details. The attack used a visually similar address to siphon funds.
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