US bipartisan tax safe harbor bid seeks to ease IRS burden on stablecoins and staking income

A bipartisan group in the U. S. House is moving to clean up how crypto is taxed, with a new draft proposal that targets small stablecoin payments and income earned from staking and mining. Republican Representative Max Miller of Ohio and Democratic Representative Steven Horsford of Nevada are behind the effort, according to a letter jointly […] source: https://www.cryptopolitan.com/us-tax-draft-stablecoins-staking-income/