Kraken dey push IRS make dem waive small crypto tax; CLARITY don jam

Kraken talk say IRS crypto tax reporting system too heavy, because brokers gats submit tens of millions tax forms for small routine transfers. For im April 22 report, the exchange yarn say 75% of the 56 million IRS crypto tax forms dey about transfers under $50, and 28 million dem under $10. Kraken talk say this different from payment apps like Venmo wey normally dey trigger reporting only above $600. To reduce compliance wahala, Kraken dey push IRS make dem get de minimis crypto tax waivers policy: one inflation-indexed de minimis threshold for small payments, plus anti-abuse guardrails to protect tax integrity. Traders suppose note one key implementation risk: the near-term push dey focused on payment stablecoins, with lawmakers dey discuss $200 exemption for amounts below that level, while broader coverage for assets like BTC fit face resistance. The legislative path na CLARITY Act, but progress don stall because of markup hurdles. If deadlines slip, the de minimis crypto tax waivers for small transfers fit delay until 2027. Kalshi data wey article cite show low odds for faster relief on crypto capital gains taxes this year (~7%), versus higher odds for CLARITY passage (~46%). Overall, the update mean limited near-term policy catalysts, but potential lower compliance cost over time for small transactions and transfers.