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Bookmarking Crypto InsightsWed, 27 Jul 2022 00:00:37 +0000en-US
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3232US Senators Introduce Bipartisan Bill to Exempt Small Crypto Transactions From Taxes
https://www.digit.info/us-senators-introduce-bipartisan-bill-to-exempt-small-crypto-transactions-from-taxes/
Wed, 27 Jul 2022 00:00:37 +0000https://www.digit.info/2022/07/27/us-senators-introduce-bipartisan-bill-to-exempt-small-crypto-transactions-from-taxes/Read more]]>A new bipartisan bill has been introduced in the Senate that would simplify the use of cryptocurrency for everyday purchases by creating tax exemption for personal crypto transactions under $50 as well as when the capital gains are less than $50. New ‘Virtual Currency Tax Fairness Act’ A new bipartisan bill, known as the “Virtual […]
]]>US Lawmakers Introduce ‘Virtual Currency Tax Fairness Act’ to Boost Cryptocurrency Use for Payments
https://www.digit.info/us-lawmakers-introduce-virtual-currency-tax-fairness-act-to-boost-cryptocurrency-use-for-payments/
Sat, 05 Feb 2022 23:19:49 +0000https://www.digit.info/2022/02/05/us-lawmakers-introduce-virtual-currency-tax-fairness-act-to-boost-cryptocurrency-use-for-payments/Read more]]>Several U.S. lawmakers have introduced the Virtual Currency Tax Fairness Act to strengthen “the legitimacy of cryptocurrency in our digital economy.” The bill also aims to expand the use of cryptocurrencies for payments. Virtual Currency Tax Fairness Act Introduced in the US Representatives Suzan DelBene and David Schweikert introduced the “Virtual Currency Tax Fairness Act […]