Industry support & mobilization

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Crypto advocacy groups launched last-minute campaigns urging constituents to pressure lawmakers like Senate Majority Leader John Thune to support Senator Lummis’s crypto tax amendment

Kristin Smith, president of the Solana Policy Institute, emphasised that staking tax reform is essential for US economic competitiveness and web3 innovation

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

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