Crypto Tax Reform Is Expanding — But the Stablecoin Fight Isn’t Over

[cryptoenthusiast]

Beyond exemptions and deferrals, the draft extends securities-style tax rules to digital assets, including wash sale rules, mark-to-market elections, and clearer treatment for crypto lending. It’s one of the most comprehensive crypto tax proposals yet.

At the same time, industry groups are pushing back against proposed limits on stablecoin rewards. Over 125 crypto companies recently urged the Senate to rethink restrictions that could ban third-party reward programs, warning they would favor big incumbents and stifle innovation.

The message is clear: crypto tax policy is evolving fast — and the next moves in Congress could define how usable digital assets really become in the US.