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US Lawmakers Propose PARITY Act to Overhaul Crypto Tax Regulations
Yahoo Finance· 2025-12-21 10:17
Photo by BeInCrypto On December 20, a bipartisan pair of US lawmakers introduced new crypto tax legislation to modernize the emerging industry. The bill, called the Digital Asset PARITY Act, was sponsored by Reps. Max Miller and Steven Horsford. The legislation proposes to close the industry’s most lucrative "wash sale" loophole in exchange for significant tax relief on staking rewards and everyday payments. Key Provisions of the Digital Asset PARITY Act The bill’s most financially consequential provis ...