Senate tax bill frees stablecoin spending while Bitcoin stays on IRS forms

T2Covered by 1 source · first reported by The Defiant / DL News / Protos / CryptoSlate at 01 Oct, 12:20 UTC

The circulated proposal would give eligible dollar-stablecoin purchases no-gain/no-loss treatment without a stated value cap, while ordinary Bitcoin spending retains disposition reporting. The post Senate tax bill frees stablecoin spending while Bitcoin stays on IRS forms appeared first on…