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BREAKING: U.S. Senate Republicans just introduced the ADAPT Act. This is a serious attempt to make crypto taxes work in the real world. The proposal would: • Remove gain/loss reporting for qualifying U.S.-dollar stablecoins used to buy goods and services • Exempt qualifying network, transaction, and gas fees of $10 or less from capital-gains reporting • Apply wash-sale rules to digital assets, closing loss-harvesting loopholes • Create clearer tax treatment for staking, mining, lending, and certain trading activity The important word is proposed: this is not law yet. It still has to pass Congress. But the direction matters. That is what useful regulatory clarity looks like. 🇺🇸₿

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