"Two-Party Bill in the US Modernizes Crypto Taxes"

New Tax Regulations for Crypto Assets

A bipartisan tax bill introduced in the United States House of Representatives aims to modernize the tax rules for digital assets. The main goal of the bill is to address issues like excessive taxation and tax exploitation.

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 bill contains measures to prevent tax losses on crypto assets and provides tax benefits to foreign investors trading through the United States.