Dems press Treasury, IRS to crackdown on crypto wash trading

Dems press Treasury, IRS to crackdown on crypto wash trading

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After Republicans successfully blocked a tax-loss harvesting clause aimed at the crypto industry tucked into the recently-passed debt ceiling bill, Democrats are still pushing the issue. Congress removed the crypto taxation section of the bill before it went to vote, where it passed in the House…

#republicans #democrats #sethwilks #taxbit #bradsherman #dcali #stephenlynch #dmass #treasury #janetyellen

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