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U.S. Congress Proposes New Tax Rules For Digital Assets
Key takeaways
- The House Ways and Means Committee has released draft legislation that would change how taxpayers report gains and losses from digital assets such as Bitcoin (CRYPTO: $BTC).
- The new rules would delay taxation on newly created digital tokens.
- Ripple, The Company Behind XRP, Is Valued At $50 Billion
U.S. Congress Proposes New Tax Rules For Digital Assets Crypto Prowl Tue, June 9, 2026 at 9:18 PM GMT+7 1 min read BTC-USD BTC DX-Y.NYB New tax rules pertaining to digital assets such as cryptocurrencies are being proposed in the U.S. Congress.
The House Ways and Means Committee has released draft legislation that would change how taxpayers report gains and losses from digital assets such as Bitcoin (CRYPTO: $BTC).
The new rules would delay taxation on newly created digital tokens. Specifically, tokens created through mining or staking would not be counted as income until they are sold.
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