Biden wants to double capital gains and clamp down on crypto wash sales: Reports
The Biden administration reportedly wants to apply the wash sale rule to crypto, which would end a strategy in which a trader sells and then immediately buys digital assets for tax purposes.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The Biden administration reportedly wants to apply the wash sale rule to crypto, which would end a strategy in which a trader sells and then immediately buys digital assets for tax purposes.
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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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