U.S. Senator Cynthia Lummis proposed a new bill to exempt capital gains tax on Bitcoin transactions under $50

2025-10-09 16:14:46

ChainCatcher News: U.S. Senator Cynthia Lummis has introduced a new bill aimed at eliminating taxes on everyday Bitcoin transactions. The bill proposes to exempt capital gains tax on cryptocurrency transactions below $50, making it easier for users to make everyday consumer payments.

source

warnning

Risk warning

Related tags

BTC tax daily consumption

Related reading

Analyst: Bitcoin may bottom out in October, with a dollar-cost averaging range of $48,000 to $62,000

2026-08-16 13:57

Data: Bitcoin miners' holdings have dropped to 1.1919 million coins, the lowest since May 31

2026-08-16 13:16

Data: The current whale position on the Hyperliquid platform is 5.361 billion USD, with a long-short position ratio of 0.96

2026-08-16 10:00

Data: In the past 24 hours, the total liquidation across the network was $49.7888 million, with long positions liquidated at $28.867 million and short positions liquidated at $20.9218 million

2026-08-16 09:30

Related tags

BTC tax daily consumption

app_icon

ChainCatcher Building the Web3 world with innovations.