US Senator Lummis: Revising the "Lummis-Gillibrand" Bill to Address Digital Asset Tax Compliance Issues
Odaily Planet Daily reported that U.S. Senator Cynthia Lummis posted on X, stating: "The United States leads the way in financial innovation. Thanks to President Trump, America continues to hold this position. We are currently working on amendments to the 'Big and Beautiful' bill to ensure that Americans can use digital assets with peace of mind, without worrying about tax violations."
Market analysis suggests that the amendment to Cynthia Lummis's 'Big and Beautiful' bill may exempt Bitcoin payments from capital gains tax.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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