$BTC 🇺🇸 PROPOSED NEW CRYPTO TAX FRAMEWORK IN THE USA

🔹 Bipartisan lawmakers have introduced the Digital Asset PARITY Act draft legislation to establish a new tax framework for crypto.

🔹 The proposed bill exempts capital gains tax on transactions paid with USD-pegged stablecoins valued under 200 USD.

🔹 Regulations on stablecoins are expected to take effect after December 31, 2025, and the entire bill could be pushed through before August 2026.

🔹 With the stablecoin portion, there are no tax benefits from profit-making. The main goal is to reduce the burden of tax compliance, as in reality, stablecoins can still fluctuate slightly by about 0.01 USD, and technically, each use can generate a tax obligation. Without this exemption, users and sellers must track the cost basis for each small transaction, creating a "nightmare" of paperwork.

🔹 In addition, the bill also proposes to postpone taxes for up to 5 years on rewards from staking and crypto mining, after which they will be taxed as ordinary income.

🔹 The bill expands wash sale regulations to crypto and allows professional traders to apply the mark to market method.

🔹 Some crypto lending activities will be considered tax-exempt, and passive staking at the protocol level of investment funds will not be regarded as a business activity.#ShowMyAlphaPoints #JoinGrowthPointsDrawToWinGoldenBar $ETH