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Senator Lummis Drops Bombshell Crypto Tax Bill—Here’s What You Need to Know
Senator Lummis Drops Bombshell Crypto Tax Bill—Here’s What You Need to Know
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Washington just got a lot more interesting for crypto holders. Senator Cynthia Lummis unveils a game-changing tax proposal—and it’s packed with surprises.
The Fine Print: Lummis’ bill aims to rewrite the rules on digital asset taxation, offering clearer guidelines for investors and businesses alike. No more guessing games on capital gains or mining rewards.
Why It Matters: If passed, this could be the regulatory clarity the crypto space has been begging for—or another layer of bureaucratic red tape. Wall Street’s probably already hiring lobbyists to water it down.
Cynical Finance Jab: Because nothing says 'freedom' like letting politicians define how decentralized money gets taxed.
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