Articles tagged with "Digital Asset Tax Certainty Act"
Illinois isn’t off the hook yet: the state wants a court to delay its planned 0.2% crypto tax to July 2027 as the legal fight with industry groups escalates. The dispute centers on broad compliance burdens, blockchain-specific treatment, and whether the levy is even lawful.
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The CLARITY Act is stuck, but Washington is still grinding forward on crypto: the SEC says it will keep acting on its own, the House advanced a digital asset tax bill, and a Bitcoin reserve proposal would lock up US-held BTC for 20 years. Messy, but movement.
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Congress is weighing a crypto tax package that could spare tiny on-chain fees under $10, while also bringing wash-sale and constructive-sale rules down hard on digital assets. The biggest battle: whether miners and stakers get taxed only when rewards are sold, not when they’re received.
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