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This Could Be Huge for Crypto Adoption! Digital Currency Tax Fairness ActOn July 26, , Senators Patrick Toomey (R-PA) and. Kyrsten Sinema (D-AZ)) proposed the Virtual Currency. Tax Fairness Act, which would exempt cryptocurrency. The Virtual Currency Tax Fairness Act would exempt personal transactions made with digital currency when the gains are $ or less. Rep. Suzan DelBene (D-Wash.). The Virtual Currency Tax Fairness Act will allow Americans to use cryptocurrencies more easily as an everyday method of payment by exempting from taxes small.
