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The Daily Hodl 2021-10-29 18:56:17

President Biden’s Spending Bill Includes New Language Addressing Crypto Asset Regulation

President Biden’s new agenda could expand how capital gains taxes apply to crypto assets. Included in H.R. 5376, also known as the “Build Back Better” bill, is a clause that would amend the Constructive Sale rule to apply to cryptocurrencies and other digital assets. The Constructive Sale rule was created in 1997 to prevent investors […]The post President Biden’s Spending Bill Includes New Language Addressing Crypto Asset Regulation appeared first on The Daily Hodl.

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