that will exempt bitcoin transaction from tax obligations if the associated capital gains are $200 or less.
This is great, I mean, in India, it's 30% tax on anything Crypto no matter the gains or losses. These sorts of bills being integrated shows that government might just be trying to coexist with Crypto rather then totally attempting to bedevil it.
Posted Using LeoFinance Beta
It is not necessarily in a government level yet. It is just few lawmakers trying to make a case. I doubt it will go anywhere productive. At least not yet.