Block: Tax exemption for small BTC payments is top legislative priority

Janessa Lopez, head of digital asset policy at fintech firm Block, said at the 2026 Bitcoin Conference that the company's current legislative priority is to push for a tax exemption on small Bitcoin payments. She stated the goal is to eliminate the capital gains tax reporting requirement for everyday Bitcoin transactions. Lopez warned of a movement within Congress to apply the exemption only to stablecoin transactions under $200 while excluding Bitcoin, which she argued would undermine the principle of technological neutrality. Echoing this sentiment, Kara Calvert, VP of U.S. policy at Coinbase, stated that even if the Clarity Act passes, the tax reporting burden will remain an obstacle to Bitcoin adoption if the tax issue is not resolved.