Cryptocurrencies: 2834 / Markets: 20756 Market Cap: 24h Vol:
2020-01-21 07:31:51

US lawmakers introduce a bill to simplify taxing crypto gains

Representative Suzan Delbene last week introduced a proposal to amend the crypto taxation law. The bill proposes to exempt personal cryptocurrency transactions from taxation for capital gains. If passed, users would not have to report transactions that resulted in a gain of less than $200.   Current tax laws regarding cryptocurrencies are vague. It is […]

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