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    HomeFinanceDoes the US have a crypto β€œtax loophole” drawback?

    Does the US have a crypto β€œtax loophole” drawback?

    The cryptocurrency sector appears to have dodged one other bullet. On the time of publication, the US had reached a political settlement to boost its debt ceiling whereas avoiding a failed default, and this decision is unlikely to incorporate new taxes on cryptocurrencies.

    Nevertheless, this doesn’t imply that the US cryptocurrency taxation concern is resolved. The talk is prone to proceed and should flip into one thing extra partisan than beforehand thought.

    President Biden talked about cryptocurrency at a press convention in Hiroshima. Supply: White Home

    Proceed studying Coin Telegraph.

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