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Coinbase Denies Blocking Bitcoin Tax Exemption

Published 2 weeks, 6 days ago
Description

Bitcoin advocates accuse Coinbase of blocking de minimis tax exemption, favoring stablecoins. Coinbase denies, stating commitment to Bitcoin exemption. Tax rules hinder Bitcoins use as digital cash. Wyoming Senators bill for small crypto tax exemption stalls. Draft CLARITY Act offers exemption only for stablecoins, excluding Bitcoin. Groups urge lawmakers for broad relief on small crypto trades.

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