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Coin Center Advocates for Easier Crypto Tax Rules
Coin Center, a crypto-focused policy nonprofit, has reached out to Congress members, urging for more transparent crypto tax regulations. In a letter to Senate Finance Committee's Ron Wyden and Mike Crapo, Coin Center emphasized the need for guidance on cryptocurrency taxation, especially concerning capital gains. They suggested a threshold for gains below which no tax would be due. Coin Center also stressed the importance of a "de minimis" exemption, without which, every small crypto transaction could become a taxable event. This exemption would simplify the use of cryptocurrencies for daily payments, especially for micropayments. Coin Center initiates case against Department of the Treasury for violating civil rights
The non-profit human rights organization Coin Center filed a lawsuit against the US Department of the Treasury. According to the group’s representatives, the Infrastructure Investment and Jobs Act violates civil rights and leads to spying for the benefit of the government. 1 - 2 of 2 results