EconomySenate tax bill would ease stablecoin spending rules while Bitcoin remains taxable
Sen. Steve Daines’ ADAPT Act would treat purchases made with qualifying US-dollar stablecoins as nonrecognition events, so users would not calculate gains or losses on the tokens. Bitcoin payments would remain taxable dispositions. A separate exemption would cover up to $10 in digital-asset transaction fees, with both provisions starting Jan. 1, 2027.
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CryptoSlate★★★☆☆2026-10-01 12:20Original
Senate tax bill would ease stablecoin spending rules while Bitcoin remains taxable
Economy