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TechFlow, October 9 — According to Cryptopolitan, U.S. Senator Cynthia Lummis has introduced a new bill aiming to eliminate taxes on everyday cryptocurrency transactions. The bill proposes exempting crypto transactions under $50 from capital gains tax, making it easier for users to make daily consumer payments.
According to Cryptopolitan, U.S. Senator Cynthia Lummis has introduced a new bill aimed at eliminating taxes on everyday cryptocurrency transactions. The bill proposes exempting cryptocurrency transactions under $50 from capital gains tax, making it easier for users to make daily consumer payments.
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