U.S. Congress has introduced a bill that could make it easier for consumers to spend their Bitcoin. Representatives proposed the bill on Thursday, Jan. 16. Known as the Virtual Currency Fairness Act of 2020, the bill eliminates the need for consumers to calculate taxes on crypto transactions that result in capital gains under $200. The […]The post New U.S. Bill Could Make Small Crypto Transactions Tax-Exempt appeared first on Crypto Briefing.
