New bill could allow Americans to buy coffee with crypto tax-free

Thanks to a new bipartisan bill introduced yesterday in the US Senate by Sen. Toomey (R-PA) and Sen. Kyrsten Sinema (D-AZ), Americans can buy coffee with cryptocurrency without triggering an event. taxable. The Virtual Currency Tax Fairness Act provides a de minimis exemption for earnings of less than $50 in personal transactions and for personal … Read more