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Senator Daines' ADAPT Act Exempts Stablecoin Payments in Bitcoin (BTC) Tax Overhaul

COINOTAG

Senator Steve Daines of Montana introduced the ADAPT Act on September 30, a comprehensive rewrite of how digital assets are taxed in the United States. Co-sponsoring the bill are Senators Cynthia Lummis of Wyoming, Bernie Moreno of Ohio and Tim Scott of South Carolina. The measure amends the…

This content was first published on COINOTAG: https://en.coinotag.com/daines-adapt-act-stablecoin-tax-exemption

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Bitcoin (BTC) Tax Reform: Senator Daines Files ADAPT Act - COINOTAG