US Lawmakers Eye Bitcoin Payments Without Capital Gains Tax

Sen. Cynthia Lummis said US lawmakers are actively exploring how Bitcoin can be used for everyday payments without automatically triggering capital gains tax, framing the issue as a key obstacle to...

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US Lawmakers Eye Bitcoin Payments Without Capital Gains Tax

Source: Bitcoinist.com

Sen. Cynthia Lummis said US lawmakers are actively exploring how Bitcoin can be used for everyday payments without automatically triggering capital gains tax, framing the issue as a key obstacle to treating the asset as a true medium of exchange. Speaking on CNBC’s Squawk Box on March 5, the Wyoming Republican said discussions are underway […]