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0 sats \ 1 reply \ @028559d218 27 Mar freebie \ parent \ on: de minimis exemption only for stablecoins, tax relief for validators, not miners bitcoin Politics_And_Law

If people could pay with bitcoin almost anywhere and everywhere... What would be the point of crypto again?

Why do they need a de minimis exemption for stablecoins... If they are already stable?

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42 sats \ 0 replies \ @Scoresby OP 27 Mar

I suppose it's because stables still fluctuate a little and if Coinbase is going to claim to be the compliance-me-harder exchange, they technically have to issue 1099s to all their customers for all their stablecoin transactions no matter how small, unless there's some kind of exemption on the gain.

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