On the 17th, the U.S. House Ways and Means Committee approved the 'Digital Asset Taxation Clarity Act,' which sets tax rules for cryptocurrencies, with a 38-5 vote and sent it to the full House. This was reported by several U.S. media outlets, including the political news site Politico.
The bill stipulates that gains or losses from cryptocurrency transaction fees under $10 will be tax-exempt (excluding brokers conducting transactions on behalf of others). This provision will apply after December 31, 2027, starting in 2028.
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