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🚨U.S. MOVES TO MAKE STABLECOIN PAYMENTS TAX-FREE
The revised bill proposes that most stablecoin transactions won’t be taxed, as long as their value stays nearly the same (within ~1%). “No gain or loss shall be recognized” unless the purchase price is under 99% of its value, the bill said. This replaces the earlier $200 tax-free threshold with a broader approach. #crypto