Congress proposes removal of widely used Bitcoin tax loophole and giving it to regulated stablecoins
Congress has introduced the Digital Asset PARITY Act, a bipartisan discussion draft introduced by Reps. Steven Horsford and Max Miller, who would rewrite Section 1091 to cover “specified assets. ” The category explicitly includes actively traded digital assets and their derivatives, and carves out a narrow class of regulated payment stablecoins from routine gain-or-loss recognition
BTC
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