Coin Center director of policy, Jason Somensatto, provided testimony during a House Oversight Subcommittee hearing focused on making America the leading hub for cryptocurrency. The discussion centered on ensuring digital asset policies are suitable for the 21st century.
Somensatto addressed fair tax treatment concerning block rewards and minor cryptocurrency transactions. This aspect is seen as vital in shaping a progressive digital asset policy framework.
Further details about the hearing can be accessed through available channels.
