US Congress members unveil bipartisan decision to “modernize” stablecoin tax code

US lawmakers have unveiled a bipartisan effort to modernize the federal tax code’s treatment of digital assets, with a particular focus on stablecoins, daily trading, staking and mining rewards. Reps. Max Miller (R-OH) and Steven Horsford (D-NV) released a Digital Asset PARITY bill that aims to provide clearer and more practical tax rules for regulated … Continue reading US Congress members unveil bipartisan decision to “modernize” stablecoin tax code