“Bitcoin as Everyday Money” Event Aims to Push Congress on De Minimis Tax Exemption

As the 2026 legislative window narrows, the Bitcoin industry is gearing up for a major push to reform digital asset tax policies. On Tuesday, April 28, 2026, Bitcoin for Financial Services will host the “Bitcoin as Everyday Money” event at The Venetian in Las Vegas during the Bitcoin 2026 conference.

The exclusive live event, capped at 100 in-person attendees and streamed globally via TFTC, has a clear and urgent objective: rallying policy leaders, business owners, and industry executives to get a Bitcoin de minimis tax exemption passed in the current Congress.

The push for a de minimis tax exemption is rooted in a major hurdle currently preventing Bitcoin from functioning as a medium of exchange. Under current IRS guidelines, spending Bitcoin on everyday items—like a cup of coffee—triggers a taxable event, requiring consumers to track the cost basis and report capital gains for every single purchase.

Advocating for a Three-Pillar Tax Framework

The upcoming event builds on the momentum of a January 12 coalition letter addressed to Senate Finance Chairman Mike Crapo and House Ways and Means Chairman Jason Smith. Backed by heavyweights including Block, the Bitcoin Policy Institute, Crypto Council for Innovation, and MoonPay, the coalition proposed a three-pillar framework for digital asset tax policy:

1. Stablecoin Clarity: Cash-like treatment for GENIUS-compliant payment stablecoins without transaction or annual limits.
2. Qualifying Network Relief: Extending de minimis relief to “qualifying network digital assets.” This applies to blockchains maintaining a trailing six-month average market capitalization above $25 billion, ensuring established assets like Bitcoin are included while speculative tokens are excluded.
3. Value-Based Thresholds: Implementing a value-based threshold of $600 per transaction and up to $20,000 annually, replacing the cumbersome gain-based tests currently in place.

Proponents of this framework argue that pending Washington proposals, which seek to limit de minimis relief strictly to stablecoins, fall short. Because decentralized stablecoin transactions still require taxable Bitcoin or Ethereum network fees to move on-chain, limiting relief to stablecoins leaves the underlying compliance burden largely intact.

Highlighting the Path Forward

The event will be headlined by Janessa Lopez, Head of Digital Assets Policy at Block, and David Zell, President of the Bitcoin Policy Institute. The pair will kick off the gathering with a fireside chat detailing the current state of play on Capitol Hill and the realistic probability of passing legislation before the midterms.

Following the discussion, Lopez will conduct a live “BTC is Money” demonstration. This showcase will illustrate how small businesses can seamlessly accept Bitcoin at the point of sale using Square, highlighting the practical experience of a consumer paying for everyday services in BTC.

“We see it with our clients all the time where they would love to spend their Bitcoin to further a circular Bitcoin economy, but the tax reporting requirements in place make this overburdensome for the masses,” stated Jordan Guess, co-founder of Bitcoin for Financial Services. “We would like to see a free market decide what money they deem best to spend, without having the government favor one currency over another.”

The event is produced in partnership with Block, the Bitcoin Policy Institute, and BTC Inc. Attendees are expected to leave with actionable steps, including unified scripts to contact their local representatives, organizing under the broader effort at btcismoney.xyz. Remote viewers can catch the livestream via TFTC’s YouTube channel at 10:00 AM PT on April 28.