The Token Taxonomy Act presented by Representatives Warren Davidson and Darren Soto will help bitcoin and cryptocurrency get acceptance for massive adoption. Share your thought.
it probably won't pass. call me cynical, but it's a little
too friendly to crypto. tax exempt like-kind exchanges would be allowed, a $600 tax exemption on gains from spending coins, and exemption from all existing securities laws......it reads like a pipe dream, just too good to be true.