Regulation· ★★★· bearish·

A Major Crypto Tax Loophole Could Close Soon, Costing Investors Hundreds More

  • —The loophole currently lets US crypto investors reduce their tax bills
  • —Closing it could cost affected investors hundreds of dollars more
  • —The change could affect a broad range of digital asset holders
Why it matters: Tighter US tax rules would cut after-tax returns for crypto investors and could prompt some holders to sell.
Source: Google News (crypto query)