Does the US have a crypto ‘tax loophole’ drawback?

The crypto sector seems to have dodged one other bullet. On the time of publication, the US has reached a political settlement to lift its debt ceiling, avoiding a calamitous default on its obligations, and this decision in all probability gained’t embrace any new taxes on cryptocurrencies.

However that doesn’t imply the query of U.S. crypto taxation is settled. The controversy is prone to proceed and could also be remodeled into one thing extra partisan than beforehand assumed.

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