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

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.

Blockchain Association Urges Congress to Advance Crypto Tax Legislation

The group proposed a small-transaction tax exemption and said mining and staking rewards should be taxed when disposed of.

Blockchain Association Presses Congress On Crypto Taxes As Clarity Act Stalls

The Blockchain Association sent a letter to Senate and House leadership on Thursday asking Congress to pass bipartisan digital asset tax legislation, the group’s first broad push on taxes since the Clarity Act failed in the Senate last month. The letter, signed by Chief Policy Officer Lindsay Fraser and addressed to Majority Leader John Thune, Minority Leader Chuck Schumer, Speaker Mike Johnson and Minority Leader Hakeem Jeffries, argues that th…

Blockchain Association pushes for crypto tax clarity as broader bill stalls

As progress stalls on a crypto bill, the Blockchain Association is urging Congress to pass legislation to resolve uncertainty around taxes.

Blockchain Association Urges Congress to Advance Digital

The Blockchain Association is pushing Congress for bipartisan digital asset tax legislation, emphasizing the importance of public participation.