[US House Proposal Seeks Tax "Safe Haven" For Stablecoins And Cryptocurrency Staking] A Bipartisan Junta In The US House Of Representatives Is Drafting A Cryptocurrency Tax Framework. This Framework Would Provide A "safe Haven" For Certain Stablecoin Transactions And Defer Taxation On Rewards Earned Through Validating Blockchain Transactions (staking Rewards). The Draft Proposes That Transactions Involving Regulated, Dollar-pegged Stablecoins With A Value Of Less Than $200 Be Exempt From Capital Gains Tax; Taxpayers Could Also Choose To Defer Taxation On Rewards For Up To Five Years. This Proposal Would Bring Cryptocurrencies Under The Tax Regime For Regulated Securities (and In Some Cases, Commodity Trading) And Allow Cryptocurrency Traders To Use A "mark-to-market" Accounting Method

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