<ul data-eligibleForWebStory="true"><li>Senator Cynthia Lummis is advocating for a crypto tax reform amendment in the Senate's reconciliation bill.</li><li>The proposed amendment includes a $300 de minimis exemption and changes to the taxation of staking and mining rewards.</li><li>Crypto advocates are lobbying for support of the amendment to eliminate double taxation on crypto staking and mining income.</li><li>The outcome of the amendment remains uncertain as Senate leaders review various proposals before the deadline, balancing political pressures for swift passage.</li></ul>

Senate Eyes Crypto Tax Reform in ‘Trump’s Big Beautiful’ Bill

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