
Senator Lummis presents bill to insert crypto tax definitions to shield micro-payments, validation rewards
The proposal would create clear rules for tax reporting, and prevent gains from staking and lending from being taxed.
Follow crypto legislation news, proposed bills, lawmaker debates, and policy frameworks shaping the future of digital assets.

IRS can keep seeking crypto user data without warrant, Supreme Court says by staying silent.

Amid rumors that a spot Solana ETF offering staking might start trading this week, the crypto industry pushes for tax clarity.

The bill now heads to the Senate, where it meets a similar measure introduced by Senators Moreno, Blunt Rochester, and Sheehy.

The committee's seven-point framework distinguishes digital securities from commodities, aiming to close regulatory gaps while maintaining innovation.

Schiff's COIN Act demands stricter scrutiny of public officials' crypto ventures to prevent exploitation.

The amount could grow to $2.2 billion with New Hampshire and potentially higher once Arizona discloses the confiscated Bitcoin it holds.



