
House Republicans are stepping into the crypto light with seven new tax bills, some pretty significant for the industry. Exempting staking rewards from taxable income and introducing a $10 de minimis for gas fees could be a game changer. But hold up, there’s still no broader de minimis for everyday purchases - the holy grail many were hoping for. Until that changes, expect crypto users to keep juggling tax calculations like it's a circus act. #CryptoTax

