NEW: 7 CRYPTO TAX BILLS ARE HEADED TO CONGRESS NEXT WEEK
📌 Stablecoins
📌 Crypto lending
📌 Wash sales
📌 Mark-to-market
📌 Constructive sales
📌 Staking & mining
📌 Crypto donations
The biggest push yet for a modern U.S. crypto tax framework.taxed 4 mining,Pi is our income
SEVEN CRYPTO TAX BILLS. ALL MOVING IN ONE DIRECTION: LESS TAX.
🇺🇸 House Ways and Means circulated seven crypto tax drafts ahead of a June 9 hearing. The first time congressional leadership has put tax-focused crypto bills on the table.
Staking and mining rewards: exempt from income until sold.
Network fees under $10: no tax.
Past reporting failures: a safe harbor to come clean.
While the EU drafts new crypto taxes, the US is drafting their removal.
The capital migration isn't about price. It's about which country makes it easier to hold.
Senator Lummis is drawing a line in the sand: Get the crypto bill to the President’s desk now.
The CLARITY Act is officially on the Senate Legislative Calendar (No. 423). 🚨
Crypto regulation is finally entering the chat. 🪙💼
Network Update: Upgrade to protocol 24 has been completed successfully.
Great job to all Nodes! This was one of the most challenging migrations.
Next up will be v25, deadline June 18.
With the amount of money I spent today on Uber they need to figure out how to put that Pi Taxi 🚕 back together now in the USA 🇺🇸.
This was one of the first Utilities the community was building 👷♀️
Over $100 US dollars spent in one day.
Pioneers could benefit from this now. 🤔
#PiNetwork #Taxi
🚨IT'S OFFICIAL: 🇺🇸 The Federal Reserve’s ban on the Central Bank Digital Currency (CBDC) is now expected to become law next week.
HUGE WIN FOR CRYPTO!🔥
🇺🇸 THE CLARITY ACT JUST CLEARED ITS BIGGEST HURDLE YET.
The Senate Banking Committee voted to advance it on May 14.
As of June 1 it’s officially been reported out and placed on the Senate Legislative Calendar.
Now it’s eligible for a FULL floor vote.
BREAKING: 🇺🇸 US SENATE TO RESUME #BITCOIN AND CRYPTO CLARITY ACT NEGOTIATIONS IN JUST 1 DAY
LIKE IF YOU WANT PRESIDENT TRUMP TO SIGN THE CLARITY ACT IMMEDIATELY 🔥
It is time to PASS THE CLARITY ACT. 🛡️
1. No more regulatory confusion. 🛑
2. No more banking monopolies. 🏦
3. No more shipping jobs offshore. ✈️
America needs a win. The industry needs rules. The people need results.
RT if you’re tired of the legacy banks winning. 🔄 🗣️🔥
💥BOOM!
THE CLARITY ACT IS COMING.🔥
🇺🇸 Coinbase CPO: "This will be actually the BIGGEST financial regulatory bill the Congress has done in quite some time."
"This will be the FIRST piece of legislation since the 1990s that gives the banks new operation to get INTO the CRYPTO SPACE!"
🚨 BIG MONTH AHEAD:
THE U.S. SENATE RESUMES ITS EFFORTS TO ADVANCE THE CLARITY ACT ON JUNE 3RD! 🇺🇸
FULL REGULATORY CLARITY INCOMING ⏳ $XRP IS THE ONLY DIGITAL ASSET WITH FULL REGULATORY CLARITY! ⚖️
Pi currently locked: ~6.16 billion PI
Pi migrated to Mainnet: ~10.61 billion PI
Pi in circulation (unlocked): ~4.44 billion PI
Max supply across the network: 100 billion PI
Notably, 50% of the migrated Pi is locked long-term.
This is a sign that many Pioneers still have faith in the future of the ecosystem.
🇺🇸 SEC Chair Paul Atkins says he’s confident the Crypto CLARITY Act will pass Congress and be signed by President Trump.
Big win for CRYPTO certainty if it happens.