WHAT THEY ARE SAYING: WAYS & MEANS LEGISLATION DELIVERS CERTAINTY FOR THE DIGITAL ASSET ECONOMY

WASHINGTON, Oct. 7 -- The House Ways & Means Committee Chairman issued the following news release:

WASHINGTON, D.C.- America will remain the crypto capital of the world and home to a vibrant digital asset economy under legislation recently approved by the Ways and Means Committee. The Digital Asset Tax Certainty Act (H.R. 10357) - historic tax reforms that received strong bipartisan support from the Committee - modernizes the U.S. tax code to better reflect the unique nature of digital assets, creates more certainty for Americans who own, trade, and use cryptocurrencies and other digital assets, and ensures tax parity with more traditional financial assets. At roughly $2 trillion in size and more than 67 million participants and growing - ...