🚨 BUYING COFFEE WITH STABLECOINS AND STILL HAVING TO REPORT GAINS OR LOSSES? A NEW US BILL WANTS TO END THAT
Sen. Steve Daines just introduced the ADAPT Act, with 3 changes worth watching:
- Payments with qualifying stablecoins would no longer trigger gains or losses
- Gas fees of $10 or less would be exempt from gain-or-loss recognition
- Wash-sale rules (already applied to stocks) would extend to crypto
That means the "sell at a loss for the tax deduction, then rebuy right away" trick may be on its way out. And December 2026 could be the last window if Congress moves fast.
The bill isn't law yet, but it already has backing from some well-known crypto-friendly senators. So how do the Senate and House versions differ, and what's standing in the bill's way?
👉 Read the full breakdown: https://cryptothreads.io/news/adapt-act-crypto-tax-bill/
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