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BPI sends a letter to Congress urging de minimis tax exemptions for Bitcoin payments, not just stablecoins. "It is imperative that policy keeps pace so the U.S. can maintain leadership in digital assets and payments innovation."
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El Rojo Jesus · 14w
Y? Price in Sats or nothing. Why give the gov a bright red line to go after people.
🥚 · 14w
I'm against a de minimis tax exemption. Bitcoin is money and it shouldn't be taxed at all. This is not foot-in-door to get rid of taxes on Bitcoin in the future, this is acceptance that a tax on Bitcoin is acceptable if it is X amount.