[Blockchain Association Sends Letter to Bipartisan Leaders in Congress, Pushing for Crypto Small-Scale Tax Exemption and Clarity in Tax Law] According to Jinse Finance, on October 24th, the Blockchain Association, a US crypto industry organization, sent a letter to bipartisan leaders in the Senate and House of Representatives—Senate Majority Leader John Thune, Minority Leader Chuck Schumer, House Speaker Mike Johnson, and House Minority Leader Hakeem Jeffries—to push for bipartisan digital asset tax legislation (and launched the website taxclarityforamerica.com to help users contact lawmakers). Its core demands include: establishing a de minimis exemption for small-scale crypto transactions (meaning that everyday small-scale purchases will not trigger the same taxation as investment sales); treating eligible stablecoins more like cash for tax purposes; and treating mining and staking rewards as "self-created property" to be taxed upon disposal rather than upon receipt. The association cited its advocacy data stating that 67 million Americans hold or use digital assets (not a government census). These are industry initiatives, not changes adopted by Congress or the IRS; Congress will weigh the income impact of exemptions, the tax risks of split transactions, and the reporting obligations of intermediaries.