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Blockchain Association Urges Congress to Pass Crypto Tax Rules, Lays Out 10 Principles

Blockchain Association Urges Congress to Pass Crypto Tax Rules, Lays Out 10 Principles

Photo: Unchained

In a letter to the four party leaders in Congress, the trade group asked for a de minimis exemption, wash sale rules for crypto and no tax on moves between a holder’s own wallets. The Blockchain Association asked congressional leaders on Thursday to pass bipartisan digital asset tax legislation , setting out 10 principles it wants any bill to follow, from a de minimis exemption to letting Americans hold crypto in retirement accounts. The trade group, which says it has more than 100 members, sent the letter on Oct.

Also reported by AMBCrypto.

Source: Unchained

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