US Congress Bill to Exempt Small Cryptocurrency Expenditures from Taxes Returns, Could This …

US Congress Bill to Exempt Small Cryptocurrency Expenditures from Taxes Returns, Could This Drive Crypto Adoption?

The US Congressional bill seeks to exempt the daily cryptocurrency transactions and purchases coming from capital gains taxation has been reintroduced. On January 16, the said bill was introduced to the US Congress by Representatives Suzan Delbene (D-WA) and David Schweikert (R-AZ). But, if you’ll remember, Schweikert already introduced the same bill.