U.S. lawmakers introduce the PARITY Act bill, offering a $200 tax exemption only for regulated USD stablecoins.

ZkProver · 2026-03-28T01:06:05+00:00

U.S. Representative Steven Horsford and Max Miller announced a discussion draft of the Digital Asset PARITY Act, aimed at promoting the development of digital assets through a unified tax framework, proposing measures such as small exemption thresholds and tax deferral, to improve the tax rules for digital assets. The bill has not yet been submitted to Congress.

ZkProver

2026-03-28 01:06:05

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ChainCatcher News: U.S. Representatives Steven Horsford and Max Miller have released a discussion draft of the “Digital Assets PARITY Act,” which aims to promote the development of digital assets and enhance compliance by establishing a unified tax framework.

The draft proposes a small tax exemption for regulated stablecoin transactions under $200 to reduce the tax burden on everyday payments; it also allows miners and stakers to defer tax on rewards for up to 5 years. Additionally, the draft plans to extend the rules for fictitious sales and presumed sales to digital assets and introduce tax treatments based on market value, while clarifying the tax rules for digital asset lending and charitable donations. Currently, the bill is still under discussion and has not yet been formally submitted to the Congress.

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