Bitcoin Tax Break: Dorsey's Push for Everyday Crypto Use
Update: 2025-10-09
Description
Is Bitcoin about to get a HUGE tax break? Block founder Jack Dorsey is pushing for a federal exemption on small Bitcoin transactions, aiming to make using crypto for everyday purchases like coffee tax-free. Senator Cynthia Lummis is backing the move, but some experts warn it's not a magic bullet for Bitcoin adoption. Get the inside scoop on how this could change the future of crypto and what hurdles still remain.
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