US Lawmakers Propose Digital Asset PARITY Act to Reform Crypto Tax Rules

US draft sets stablecoin tax exemptions and income rules, but sparks debate over limited focus beyond Bitcoin. US lawmakers Max Miller and Steven Horsford released a discussion draft on Thursday aimed at reshaping how the federal tax code treats digital assets. The proposal, titled the “Digital Asset PARITY Act,” would amend the Internal Revenue Code … Continue reading US Lawmakers Propose Digital Asset PARITY Act to Reform Crypto Tax Rules