2026-01-14 11:24:02

Recently, there has been a policy development worth paying attention to. The Bitcoin Policy Institute, in collaboration with several advocacy organizations, submitted a proposal to the U.S. Congress tax authorities. The core demand is: don’t just give the green light to stablecoins; Bitcoin and other major network tokens should enjoy the same treatment.

What are the specific measures? Their plan is as follows—stablecoins that meet the GENIUS standard should be treated like cash, while for network tokens, a market cap threshold of $25 billion is set as an entry criterion. This ensures that only truly leading projects qualify for exemptions. Transaction limits are also designed: no single transaction exceeding $600, and an annual total not exceeding $20,000.

Honestly, this logic has some nuances at the policy level—using market cap screening can prevent speculative tokens from muddying the waters, and transaction limits strike a balance between tax management and user convenience. For the entire market, if such exemption scopes can truly be expanded, it should significantly improve liquidity and adoption for Bitcoin and mainstream tokens.

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SatoshiSherpa

· 01-17 03:38

Whoa, a $25 billion threshold? That means only BTC and Ethereum can get in on the action. This policy is really heading in the right direction; finally, it's not just stablecoins being favored. The $20,000 annual cap is a bit tight, but it's much better than being completely cut off. Basically, it's opening the door for mega cap coins, while smaller tokens still need to be filtered out. I can accept this logic. Wait, those projects hoping to whitewash through exemptions are probably going to cry now. If this really gets implemented, retail investors might finally pay less tax? Or is it just another overhyped proposal with little substance? The policy is positive, but don't celebrate too early. When has Washington ever truly listened to us?

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ParallelChainMaxi

· 01-16 06:54

No, setting the 25 billion market cap threshold is a bit harsh, and many projects will be directly sidelined. It's really just an amplified version of the Matthew Effect, where big players are becoming more and more dominant. By the way, the $20,000 annual limit... for institutions, it’s almost like it doesn’t exist. This move is actually a way to indirectly help big players wash their reputation. I have a feeling it’s not that simple. Wait, is this hinting that the SEC will ultimately compromise?

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MEVHunter

· 01-16 00:45

honestly the 250b market cap gatekeeping is just theater... they're basically saying "only btc and eth get the pass" which we already knew lmao. real question is whether this actually moves the needle on adoption or if it's just regulatory theater to keep the sec happy while they sandwich retail on every micro tx anyway

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RektRecorder

· 01-14 11:53

Finally, someone is speaking up for us. The 25 billion market cap threshold is actually a bit high. Just want to ask, can this exemption really be implemented? Are those folks in Washington reliable? The $20,000 annual limit... feels a bit tight, but it's better than nothing. BTC and mainstream coins have been treated differently for too long; it's time to push back. This logic is actually quite clever, preventing shitcoins from messing around and also considering tax revenue. If it really passes, liquidity can definitely improve, and adoption will naturally follow.

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rugpull_survivor

· 01-14 11:49

Hmm... the 25 billion threshold sounds good, but how many can actually pass it? Feels more like just a pie in the sky. Wait, an annual limit of $20,000? For big players, it's almost the same as no limit at all. Finally, policies are leaning towards us; it's not just stablecoins being favored anymore. The $20k limit is indeed useless; it might be better to have no restrictions at all. It sounds like the US is seriously considering crypto, but we’ll have to wait until it’s actually implemented.

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SoliditySlayer

· 01-14 11:46

Is the 25 billion market cap threshold? Now only the giants can eat, small coins can't even get a sip of the soup --- Annual limit of 20,000 USD... So they really treat retail investors like cash cows, and still talk about convenience --- Finally someone is speaking up for BTC. Why do stablecoins get all the advantages? It's time for our main chain tokens to step up --- If this policy really passes, compliant trading will explode, but it depends on whether those folks in Washington are willing to turn their brains on --- Basically, just loosen up a bit instead of completely freezing out, better than nothing --- Market cap screening is actually pretty clever, it can prevent a lot of junk coins from sneaking in and causing trouble --- Single transaction limit of 600 USD... a bit suffocating, how can we do business like this? --- Wait, what's the GENIUS standard? Never heard of it --- If it really passes, the crypto world will be boiling, but unfortunately, politicians are unreliable

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GasSavingMaster

· 01-14 11:31

This $25 billion threshold is quite tough; in the end, only a few big players truly benefit. Annual $20,000 cap? It still doesn't seem very friendly to small retail investors. Finally, someone is speaking up for mainstream coins. Why do stablecoins get to dominate? If this policy really passes, the tax treatment for BTC and ETH will be much more balanced. The $600 single transaction limit is indeed a hurdle, but it's better than having no exemption. Interesting, let's see how the US Congress responds to this wave of suggestions; there should be some big movements soon.

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SerumSurfer

· 01-14 11:29

$25 billion threshold? Are these people speaking for mainstream coins, or are they subtly suppressing smaller coins... --- Wait, a single transaction limit of $600? They're setting a trap for retail investors. --- Finally, someone is speaking up for us, but whether Congress listens or not is another matter. --- I agree with filtering out speculative tokens based on market cap, but a $20,000 annual limit is too conservative. --- Forget it, policies are just playing games; we’ll still hodl and trade as usual. --- If this really gets implemented, BTC liquidity will definitely surge... but I don't dare to expect it. --- Why are stablecoins more popular than mainstream tokens? This logic is backwards.

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