According to PANews, Republican Senator from Wyoming, Cynthia Lummis, is advocating for amendments to her party's tax and spending law to reform cryptocurrency taxation in the United States. The proposal includes extending the 'short sale rule' from securities trading to the cryptocurrency sector, which could generate billions of dollars in tax revenue, while exempting Bitcoin miners from the obligation to report gains and losses. Lummis has submitted the tax reform plan, co-written with Senator Kirsten Gillibrand, to the chairman of the Senate Finance Committee, Mike Crapo.#CEXvxDEX101 $BNB

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