#CryptoTaxReform #ClarityOrChaos #BlockchainPolicy #TaxCode2.0 #RegulatoryWakeUp

Transcript

00:00The U.S. Sena just held a hearing that could change everything about how you pay taxes on crypto.

00:07Right now, every crypto transaction, even buying a coffee, creates a taxable event,

00:13a compliance nightmare driving businesses away from digital assets. The Senate Finance Committee

00:18addressed this, with the chair admitting the tax code lacks clear answers for digital asset

00:24transactions. Proposed solutions include a de minimis exemption for small transactions.

00:29Clearer rules on when gains are taxable and simplified reporting. A policy lead warned that

00:38without reform, billions of transactions will need exhaustive reporting, killing crypto's usefulness

00:44for everyday payments. This hearing signals momentum. If Congress acts, crypto could become

00:50usable for daily transactions without the tax paperwork. For now, uncertainty continues.