2025-12-27 00:30:31

Members of the US Congress have recently been pushing an interesting proposal: exempting small crypto payments under $200 from taxes.

Honestly, if this passes, it could be the final step for Web3 payments to go mainstream.

What is the core of the proposal? Simply put, it sets a "De Minimis Threshold" of $200. In other words, transactions below this amount wouldn't require separate tax reporting, making everyday crypto use as smooth as swiping a credit card.

This not only reduces compliance costs for users but also provides real incentives for merchants and payment service providers to participate. Turning the ecosystem from "usable" to "user-friendly" is the key to widespread adoption.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

18 Likes

Reward
18
6
Repost
Share

Comment

0/400

Rugpull幸存者

· 2025-12-30 00:12

Tax exemption on $200? If this really goes through, our days of paying with crypto in daily life won't be far off. Those previous tax reports were a nightmare, and now finally someone is thinking about improving the experience.

View OriginalReply0

NonFungibleDegen

· 2025-12-29 20:57

ngl this $200 threshold thing might actually be the play ser... or we're all just coping again lol

Reply0

ChainSauceMaster

· 2025-12-27 00:55

Tax-free $200? If that really happens, I'll jump in with the full amount immediately, and I won't have to worry about keeping track of every transaction anymore...

View OriginalReply0

CascadingDipBuyer