I skimmed that taxation article and the reporting is not very clear on the structure/intent. Hopefully what they’re actually proposing isn’t a yearly offset but actually a minimum threshold for the need to report individual transactions. I’ve heard similar calls for action in the past particularly for use cases like CoinBase linked debit cards, etc. where you’re supposed to report capital gains when purchasing a cup of coffee! If that’s the case the $600 limit would be totally solid.