Senator Lummis’ New Bitcoin Tax Exemption Bill Is Insufficient — But It’s A Start
Thursday, 3 July 2025 () Bitcoin MagazineSenator Lummis’ New Bitcoin Tax Exemption Bill Is Insufficient — But It’s A Start
Long-time Bitcoin advocate Senator Cynthia Lummis (R-WY) has drafted a bill that allows Bitcoin enthusiasts to spend small amounts of bitcoin without incurring capital gains taxes (which is very cool), but many — including myself — feel that the spending limits in the bill are too low.
This post Senator Lummis’ New Bitcoin Tax Exemption Bill Is Insufficient — But It’s A Start first appeared on Bitcoin Magazine and is written by Frank Corva.
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Thursday, 3 July 2025 ()
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