At Bitcoin 2026 in Las Vegas, three Republican members of Congress framed crypto regulation as a national security and economic competitiveness issue, arguing that U.S. leadership in digital assets is essential to counter China.
In hearings today, Senator Lummis signaled willingness to work with Treasury on clearer Bitcoin tax guidance, including a potential de minimis exemption.
Rhode Island lawmakers have reintroduced a temporary Bitcoin tax exemption bill that would eliminate state income and capital gains taxes on small Bitcoin transactions — up to $20,000 annually.
The Trump administration is actively exploring a de minimis tax exemption for Bitcoin transactions to eliminate barriers to everyday Bitcoin and crypto use, White...
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