Jack Dorsey Pushes Tax Exemptions for BTC Payments Under $300 — Could SHIB Benefit?

Jack Dorsey is pushing for a de minimis tax exemption on small Bitcoin transactions to make the cryptocurrency practical for everyday purchases, while Senator Cynthia Lummis is supporting similar legislation. Currently, all BTC transactions are subject to capital gains tax, limiting its use for routine payments. If implemented, the move could boost everyday crypto adoption and encourage wider use of digital assets in commerce. The post Jack Dorsey Pushes Tax Exemptions for BTC Payments Under $300 — Could SHIB Benefit? first appeared on The Shib Daily source: https://news.shib.io/2025/10/11/jack-dorsey-pushes-tax-exemptions-for-btc-payments-under-300-could-shib-benefit/