In a move aimed at simplifying the taxation of digital assets, several members of the U.S. House of Representatives have proposed a de minimis exemption for cryptocurrency transactions. Under this measure, transactions below a certain threshold — such as small purchases with Bitcoin or Ethereum — would be excluded from capital gains reporting.
Industry advocates argue that this reform could reduce administrative burdens for casual users and foster wider adoption of digital currencies. Tax experts warn, however, that implementing clear thresholds and reporting guidelines will be critical to prevent loopholes or misuse.
“The goal is to make crypto taxation more practical for everyday users, without compromising compliance,” said Emma Lawson, a tax policy analyst at Coin Center.
The proposal is currently under review in the House Ways and Means Committee, with public consultations expected in the coming months. Analysts believe that if passed, this exemption could become a key factor in boosting retail crypto activity across the U.S.
