🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
Gate has surpassed 30M users worldwide — not just a number, but a journey we've built together.
Remember the thrill of opening your first account, or the Gate merch that’s been part of your daily life?
📸 Join the #MyGateMoment# campaign!
Share your story on Gate Square, and embrace the next 30 million together!
✅ How to Participate:
1️⃣ Post a photo or video with Gate elements
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3️⃣ Share your post on Twitter (X) — top 10 views will get extra rewards!
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U.S. Senator Lummis has introduced a comprehensive digital asset tax bill, which includes establishing a $300 microtransaction tax exemption.
According to a report from Deep Tide TechFlow on July 3, U.S. Senator Cynthia Lummis's office announced that Senator Lummis has introduced a comprehensive tax bill for digital assets, aimed at providing a clear tax framework for the digital asset industry.
The bill contains several key provisions: establishing a $300 tax exemption for small transactions, ending double taxation on digital asset miners and holders, equal treatment with other financial assets (digital asset lending, wash sales, tax treatment at market value), and stipulating that charitable donations do not require assessment. According to the U.S. Congressional Joint Committee on Taxation, this legislation is estimated to generate approximately $600 million in net revenue during the 2025-2034 budget window.
According to the Joint Committee on Taxation of the U.S. Congress, the bill is expected to generate approximately $600 million in net revenue during the 2025-2034 budget window. Lummis stated that the bill aims to adapt the tax code to the digital economy and prevent hindering innovation in the United States.