Wu Blockchain has learned that the Blockchain Association (BA) has released the 'Digital Asset Tax Principles,' providing a framework for advancing digital asset tax reform in the U.S. Congress. Meanwhile, BA has met with around 20 offices on Capitol Hill, including the House Ways and Means Committee, to discuss related proposals. The principles suggest: establishing a minimum tax exemption for small transactions, treating stablecoins as cash; taxing mining and staking rewards upon disposal; applying non-recognition rules to transactions that do not alter economic exposure; improving wash sale rules; providing safe harbor for foreign individuals trading in the U.S.; supporting retirement account investments in digital assets, applying mark-to-market accounting, and offering R&D tax credits. https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=57154