1. Cynthia Lummis Proposes Partial Exemption Of Crypto Taxes U.S. Senator Cynthia Lummis submitted a bill in the U.S. Senate on Jul. 3 that includes a small cryptocurrency transaction worth less than $300 and a tax reduction clause for cryptocurrency miners and staking investors. Senator Lummis said she proposed a cryptocurrency tax mask clause to develop the cryptocurrency industry and plans to submit the bill to the president before September. 2. JP Morgan “Stablecoin Short-Term Growth Won’t Meet Expectations” In a report publishe
