U.S. Senator Cynthia Lummis is formulating a new bill designed to eliminate capital gains taxes on minor Bitcoin purchases. This legislative push comes as a response to a suggestion made by technology innovator Jack Dorsey.
Lummis Developing “De Minimis” Standard for Bitcoin Trading
Senator Lummis, a Republican representing Wyoming and a strong supporter of digital currencies, revealed her plan on October 9, 2025. The goal is to…