Long-time Bitcoin advocate Senator Cynthia Lummis (R-WY) has drafted a bill that allows Bitcoin enthusiasts to spend small ...

U.S. Senator Cynthia Lummis has proposed an amendment to offer tax relief to crypto traders and Bitcoin [BTC] miners. Through ...

The bill proposes a $300 exemption for small Bitcoin and crypto transactions, defers taxes on mining and staking until assets ...

U.S. Senator Cynthia Lummis has introduced a major new bill focused on digital asset taxation. The legislation aims to make ...

Sen. Cynthia Lummis (R-WY) introduced a bill Thursday that would codify many Bitcoin and crypto tax perks industry leaders ...

Senator Lummis is optimistic about the passing of major crypto legislation in July, citing the White House's support and the ...

Senator Cynthia Lummis (R-WY) introduces digital asset tax reform bill to ease regulatory burdens on crypto users, including ...

Strategy's Michael Saylor and U.S. Senator Cynthia Lummis (R-WY) are actively seeking reform to what Saylor calls the "unfair ...

The GENIUS Act is just the start. The U.S. still needs comprehensive rules covering how digital assets are issued, traded, ...

A one-pager from Sen. Lummis’ office, obtained by reporters, hinted that the provisions would establish a de minimis ...

In the U.S., the Internal Revenue Service (IRS) treats cryptocurrencies as property for tax purposes. Every crypto transaction, if it incurs gains, is taxed as capital gains by the IRS. While the ...

Senator Cynthia Lummis introduces a bill amendment to end double taxation on crypto mining and staking, backed by key ...