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BPI targets August for BTC tax relief, but warns time is running out

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 23 Views

BPI targets August for BTC tax relief, but warns time is running out

The Bitcoin Policy Institute said the bipartisan support for a de minimis tax exemption for smaller Bitcoin transactions is "encouraging."

The Bitcoin Policy Institute (BPI), an industry advocacy group, is eyeing a target window between March and August 2026 to pass a de minimis tax exemption for Bitcoin through Congress, warning that time to pass meaningful legislation is running out.

BPI said it has engaged with 19 Congressional offices in both the House and Senate over the last three months to pitch US lawmakers on a tax exemption for Bitcoin (BTC) transactions below a certain threshold.

Expanding the de minimis tax exemptions beyond dollar-pegged stablecoins has bipartisan support, but the BPI warned that the “window is narrowing” for Bitcoin tax legislation. The BPI said:

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