【Crypto World】The US crypto market is once again seeing new developments. Currently, US lawmakers are pushing forward a tax reform proposal called the “Digital Asset Equity Act,” which includes many user-friendly provisions for crypto users.
Let’s start with the most direct benefit: stablecoin transactions under $200 will be exempt from capital gains tax. This means small transactions can avoid the hassle of tax reporting entirely.
But that’s not all. The bill also offers a five-year tax deferral window for staking and mining participants — in other words, rewards earned from staking and mining can be deferred for five years before paying taxes. For users who accumulate assets through passive income, this is equivalent to a time-based advantage.
Although this policy adjustment is still in draft form, it reflects an increasingly pragmatic attitude among US legislators toward the crypto market. As the Web3 ecosystem expands, the improvement of the tax system is inevitable.
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WenMoon
· 22h ago
Tax exemption below $200? Small investors can finally breathe a sigh of relief haha
Five-year deferment is simply amazing; stakers can directly take off, effectively getting five years of free time cost
However, in the US, it still depends on whether it will truly be implemented later... Draft stages are all just talk on paper
If it really passes, it essentially declares the recognition of on-chain assets by traditional finance, a huge positive signal
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BackrowObserver
· 22h ago
Tax-free under $200? This is just the beginning; the real big part is still to come.
The new US legislation is here: Stablecoin transactions under $200 are tax-free, and staking and mining have a five-year deferral.
【Crypto World】The US crypto market is once again seeing new developments. Currently, US lawmakers are pushing forward a tax reform proposal called the “Digital Asset Equity Act,” which includes many user-friendly provisions for crypto users.
Let’s start with the most direct benefit: stablecoin transactions under $200 will be exempt from capital gains tax. This means small transactions can avoid the hassle of tax reporting entirely.
But that’s not all. The bill also offers a five-year tax deferral window for staking and mining participants — in other words, rewards earned from staking and mining can be deferred for five years before paying taxes. For users who accumulate assets through passive income, this is equivalent to a time-based advantage.
Although this policy adjustment is still in draft form, it reflects an increasingly pragmatic attitude among US legislators toward the crypto market. As the Web3 ecosystem expands, the improvement of the tax system is inevitable.