US Stablecoin Tax Break and Staking Clarity Reshape Crypto Policy
US lawmakers have introduced legislation exempting stablecoin transactions under $200 from capital gains tax reporting. This move aims to reduce friction in everyday crypto payments, where users currently face tax obligations on minor transactions. By eliminating reporting requirements for small amounts, the bill positions stablecoins as practical payment tools rather than speculative assets.
The draft bill also clarifies the taxation of staking rewards, confirming they will be taxed upon sale rather than receipt. This prevents liquidity crunches where holders owe taxes on unrealized gains, providing much-needed clarity for crypto investors.
Meanwhile, BlockDAG continues its presale extension as sui tests technical support levels. DeepSnitch AI accelerates toward launch with over $880,000 raised and prices surging 90% from initial entry points. Early adopters already have access to live tools as the project gains momentum.
