Texas is Bitcoin Country. We want our Senators to support these measures in the Big Beautiful Bill:
1) No cap gains on <$600 Bitcoin transactions
2) End double taxation on mining/staking
@SenTedCruz
@JohnCornyn
🤠 🇺🇸
We are at the finish line of getting deminimus bitcoin transactions (<$600) cap gains free AND ending double taxation on mining/staking in the Big Beautiful Bill.
This might be our only shot at this for a while, today/tomorrow call or email your senator and make sure they know how much you SUPPORT this. If you are a major donor, reach out to your point of contact and let them know. It is so so so close, just need one extra push.
2.27K
7
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.