[Bitcoin Supporters Urge Congress to Expand Transaction Tax Exemptions to BTC and Major Network Tokens] BlockBeats News, January 14: Recently, several Bitcoin advocacy organizations, including the Bitcoin Policy Institute, jointly sent a letter to U.S. Congressional tax leaders, urging them to expand the minimum exemption scope to include Bitcoin and major network tokens, not just stablecoins. The coalition proposed granting stablecoins that meet the GENIUS standard the same treatment as cash, while setting a $25 billion market cap threshold for eligible network tokens to determine which tokens qualify for the exemption. Additionally, they suggested a single transaction limit of $600 and an annual cap of $20,000.