Coinbase dey yan make dem change how dem dey tax stablecoin; dem want small-value cutoff (de minimis) and make wash-sale rule delay

Coinbase dey beg lawmakers make dem change stablecoin tax rules and make crypto compliance easier. For testimony wey dem give for U.S. House Ways and Means Committee on June 9, Coinbase tax VP Lawrence Zlatkin talk say the current stablecoin taxes dey force users to calculate gains and losses for everyday spending and blockchain gas fees, and e dey create plenty paperwork wey get small fiscal impact. Main things dem dey ask for inside the stablecoin tax overhaul na say make USD-pegged, federally regulated stablecoins dey treated "at par" for tax purposes, so transfers wey people use to pay no go automatically trigger taxable events. Coinbase also support make dem expand the de minimis exemption, including make tax reporting no necessary for small gas fees up to $10, so that people no go dey calculate gain for every single transaction. Coinbase back broader tax simplifications for staking and mining by make taxation of newly created assets dey deferred until sale. About wash-sale rules, Coinbase warn say to enforce am immediately na technical wahala because crypto trades dey happen constantly across centralized exchanges, DEX liquidity pools, and self-custody wallets, without one unified data system. Coinbase ask for 18–24 months implementation runway to reduce reporting errors and possible IRS audit risk. For crypto traders, this show say e fit lead to more operationally realistic path for stablecoin taxes, wey fit reduce friction for normal usage—though timing and wetin the law go finally look like still uncertain.