Sen. Cynthia Lummis Proposes De Minimis Tax Exemption for Bitcoin Transactions Under $300 That Could Ease Reporting
Sen. Cynthia Lummis Proposes De Minimis Tax Exemption for Bitcoin Transactions Under $300 That Could Ease Reporting
CoinOtag 2025-10-09 11:36:28
Senator Cynthia Lummis’ Bitcoin de minimis tax exemption would exclude small BTC transactions—proposed up to $300—from capital gains reporting, letting consumers spend Bitcoin for routine purchases without creating taxable events