US Senator’s New Proposal Could Slash Taxes on Small Transactions

TL;DR Tax Exempts for crypto payments under $300 (up to $5,000 annually) from capital gains reporting, cutting red tape on everyday digital‐asset spending. Delay taxation on mining block rewards and staking yields until conversion to fiat or other assets, ending the “double taxation” on unrealized crypto income. Harmonizes airdrop/fork treatment, applies wash‐sale rules to tokens,. . . source: https://crypto-economy.com/us-senators-new-proposal-could-slash-taxes-on-small-transactions/