THE US JUST PROPOSED ONE OF THE BIGGEST CRYPTO TAX CHANGES YET

A new bill called the ADAPT Act could make crypto taxes much simpler for normal users
Here’s what it would do:
Small payments with regulated stablecoins could be tax free
Crypto traders could choose tax rules similar to stock and commodity traders
Some crypto trading income could get the same small business tax treatment used in other markets
Staking and mining would get clear rules on where the income is taxed
Lending crypto would not automatically trigger a tax bill if the loan qualifies
The wash sale loophole would close so you could not sell crypto at a loss and instantly buy it back just to claim the tax break
Crypto ETFs and trusts could stake without automatically losing their tax status
Some staking and lending income could count as normal income for public investment partnerships
Gas and network fees of $10 or less could stop creating tiny tax events for normal users
If this bill passes it would take effect starting in 2027