Bitcoin Omitted From PARITY Act’s Tax Relief, BPI Urges Inclusion Of Miners

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NewsBTC • March 27, 2026 at 22:00 • Analysis
US lawmakers on Friday unveiled the Digital Asset PARITY Act — a wide‑ranging draft bill that would reshape tax and regulatory treatment for digital assets while drawing immediate criticism for excluding Bitcoin (BTC).  Introduced by Representatives Max Miller and Steven Horsford, the measure would, among other changes, create a narrow tax exemption for small stablecoin transactions and alter how staking income is treated.  Key PARITY Act Provisions Under the PARITY proposal, regulated payment stablecoins used in transactions worth less than $200 would be exempt from recognizing gains or losses, provided the stablecoin’s price remains within 1% of its dollar peg at the time of payment.  Related Reading: NVIDIA Faces Class Action After Court OKs $1 Billion Crypto-Mini...

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