One day after the Senate killed the crypto industry’s marquee bill, a quieter piece of legislation sailed through a House committee 38 to 5, and it could reshape how Bitcoin holders manage taxes on everything from daily purchases to year-end…
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The Senate’s September 15 rejection of the CLARITY Act looked like a major setback for crypto, especially after two years of lobbying and enormous industry spending on the market-structure bill. Yet just one day later, a different crypto bill quietly moved forward in the House, clearing the Ways and Means Committee by a 38-5 bipartisan vote.
The…
