Blockchain Report on Nostr: US lawmakers propose extending "wash sale rule" to crypto. Bill H.R. 9172, introduced ...
US lawmakers propose extending "wash sale rule" to crypto. Bill H.R. 9172, introduced by Rep. Arrington, would disallow tax deductions on crypto losses if substantially identical assets are repurchased within 30 days before or after the sale. Currently, IRS views crypto as property, generally exempting direct BTC/ETH from this rule. Bill may include exemptions for stablecoins, mining, and staking assets. Status: Under consideration.
#crypto #blockchain #news #BTC #Bitcoin
Published at
2026-07-28 12:56:08 UTCEvent JSON
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"content": "US lawmakers propose extending \"wash sale rule\" to crypto. Bill H.R. 9172, introduced by Rep. Arrington, would disallow tax deductions on crypto losses if substantially identical assets are repurchased within 30 days before or after the sale. Currently, IRS views crypto as property, generally exempting direct BTC/ETH from this rule. Bill may include exemptions for stablecoins, mining, and staking assets. Status: Under consideration.\n\n#crypto #blockchain #news #BTC #Bitcoin ",
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