TechFlow news, December 22 — According to Bloomberg, bipartisan members of the U.S. House of Representatives are drafting a cryptocurrency tax framework that would provide a safe harbor for certain stablecoin transactions and delay taxation on rewards received for validating blockchain transactions.
The draft was jointly proposed by Republican Representative Max Miller of Ohio and Democratic Representative Steven Horsford of Nevada, aiming to align the tax treatment of cryptocurrencies with that of traditional securities.
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