The Bitcoin Policy Institute (BPI) is urging Congress to broaden proposed de minimis tax relief for digital assets beyond payment stablecoins to include bitcoin and other major network tokens.

Under current law, bitcoin is treated as property, which means every purchase with the asset triggers a capital gains calculation, regardless of transaction size. 

BPI argues that this framework discourages routine payments, such as buying coffee or sending small remittances, because users must track cost basis and report minor gains and losses.

Lawmakers have worked on several approaches in the 119th Congress. Senator Cynthia Lummis introduced a standalone bill that would create a 300 dollar…

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