<ul data-eligibleForWebStory="false"><li>Senator Cynthia Lummis has introduced a new bill to simplify crypto taxation in the U.S., aiming to support innovation and provide clarity for digital asset users.</li><li>The bill offers a $300 crypto tax exemption for small daily purchases and proposes taxes on mined and staked tokens only upon sale.</li><li>It includes reforms for crypto lending, donations, wash sales, and reporting methods, aiming to streamline processes and provide predictability for businesses.</li><li>Senator Lummis is seeking public feedback to enhance the bill after previous attempts to include it in Trump's bill, aiming for broader bipartisan support.</li></ul>

Senator Lummis Unveils Crypto Tax Reform Bill for U.S. Users

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