COIN CENTER CALLS ON CLEARER REGULATIONS IN THE US - IS CONGRESS OPEN TO IT?

Summary from the TLDR Crypto newsletter

Cryptocurrency advocacy group Coin Center has proposed recommendations to US Senators Ron Wyden and Mike Crapo about legislation related to crypto taxation. These proposals include requiring the IRS to create an exemption for minor cryptocurrency transactions, excluding digital assets from secondary reporting obligations under US tax law, and clarifying the definition of a broker to exclude certain individuals within the crypto space. The suggestions also advocated for more clear guidelines on block rewards, airdrops, and hard forks for tax purposes.