Matthew Pines, Executive Director of the Bitcoin Policy Institute, warned that narrowly tailored crypto tax fixes, including Bitcoin’s de minimis exemption, were at risk of being cut during last-minute negotiations

Quotes that support claims

Congress is drafting the Senate reconciliation bill now, and a narrowly tailored Bitcoin de minimis tax exemption hangs in the balance," said Matthew Pines, executive director at the Bitcoin Policy Institute, in a post.

Matthew Pines, a Bitcoin Policy Institute Executive Director, offered his opinion. In an X post, Pines noted that the Congress is currently drafting the Senate reconciliation bill and that a particular Bitcoin de minimis tax exemption is at stake.