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U.S. Senator Cynthia Lummis proposed a new bill to exempt capital gains tax on Bitcoin transactions under $50

2025-10-09 16:14:46

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ChainCatcher News: U.S. Senator Cynthia Lummis has introduced a new bill aimed at eliminating taxes on everyday Bitcoin transactions. The bill proposes to exempt capital gains tax on cryptocurrency transactions below $50, making it easier for users to make everyday consumer payments.

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