Is 0% Crypto Tax Coming? Everything About the U.S. House Hearing
2025-07-09 10:59:38
Main Idea
The U.S. House is holding a hearing to discuss tax policies aimed at positioning America as a global leader in digital assets, while Senator Lummis introduces a bill to align crypto tax rules with traditional finance.
Key Points
1. The U.S. House hearing titled 'Making America the Crypto Capital of the World' focuses on modern tax policy to support digital asset growth.
2. Speculations about a 0% capital gains tax for U.S.-based tokens exist, but no official confirmation has been provided.
3. Senator Cynthia Lummis introduced a bill to align crypto tax rules with traditional finance, seeking public input to advance the legislation.
4. The bill proposes excluding crypto lending from certain tax rules and aims to generate around $600 million by 2034.
5. The hearing and bill reflect efforts to provide tax clarity and foster long-term growth in the digital asset sector.
Description
The post Is 0% Crypto Tax Coming? Everything About the U.S. House Hearing appeared first on Coinpedia Fintech News The U.S. House is all set to hold a hearing today to explore how tax policy can help make America a global leader in digital assets. Titled “Making America the Crypto Capital of the World,” the focus is on building a modern tax policy that supports the growth of digital assets in the U.S. BIG DAY FOR CRYPTO HOLDERS! US House scheduled a hearing on Crypto Tax policy today. There has ...
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