Biden wants to double capital gains and clamp down on crypto wash sales: Reports

By Cointelegraph - 1 year ago - Reading Time: 1 minutes

Biden wants to double capital gains and clamp down on crypto wash sales: Reports

The Biden administration reportedly wants to apply the wash sale rule to crypto, which would end a strategy in which a trader sells and then immediately buys digital assets for tax purposes.

Original source: Cointelegraph