"Two-Party Bill Modernizes Crypto Taxes in the U.S."

New Tax Regulations for Crypto Assets

A bipartisan tax proposal introduced in the United States House of Representatives aims to modernize tax rules for digital assets. The main goal of the proposal is to address issues such as over-taxation and tax abuse.

Tax Exemptions for Stablecoins and Staking

The PARITY Act offers tax exemptions for stablecoin investments and deferral options for staking rewards, aligning digital assets with traditional securities.

New Measures and Foreign Investors

The proposal includes measures to prevent tax losses on crypto assets and provides tax advantages for foreign investors trading through the United States.