Sen. Lummis Introduces Digital Asset Reform Bill
Bill Intros-Senate
Copyright © Targeted News Service, 2025
Copyright © Targeted News Service, 2025
2025-07-17
Bailey Malota
WASHINGTON, July 17 -- Sen. Cynthia M. Lummis, R-WY, has introduced a comprehensive bill aimed at reforming the federal tax treatment of digital assets. The proposed legislation seeks to clarify definitions and regulations surrounding digital assets, facilitating easier transactions for both individuals and businesses dealing in cryptocurrencies and other digital formats.
The bill is motivated by the rapid growth of digital assets and the growing complexity of their taxation. Curren . . .
TARGETED NEWS SERVICE (founded 2004) features non-partisan 'edited journalism' news briefs and information for news organizations, public policy groups and other organizations. For more information contact MYRON STRUCK, editor, editor@targetednews.com, Springfield, Virginia; 703/304-1897; https://targetednews.com
WASHINGTON, July 17 -- Sen. Cynthia M. Lummis, R-WY, has introduced a comprehensive bill aimed at reforming the federal tax treatment of digital assets. The proposed legislation seeks to clarify definitions and regulations surrounding digital assets, facilitating easier transactions for both individuals and businesses dealing in cryptocurrencies and other digital formats.
The bill is motivated by the rapid growth of digital assets and the growing complexity of their taxation. Curren . . .
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TARGETED NEWS SERVICE (founded 2004) features non-partisan 'edited journalism' news briefs and information for news organizations, public policy groups and other organizations. For more information contact MYRON STRUCK, editor, editor@targetednews.com, Springfield, Virginia; 703/304-1897; https://targetednews.com