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Parity Act would exempt small crypto buys and apply wash sale rules

The bipartisan bill would modernize crypto taxation by deferring staking rewards, exempting stablecoin gains under $200, and tightening reporting rules.

A bipartisan duo in the U.S. House of Representatives is circulating a draft bill that would streamline tax rules for investors, traders and developers by explaining how they would handle reporting their taxes on staking, low value transactions and w… [2365 chars]

Source: CoinDesk | Published: 2025-12-22T16:18:14Z

Credit: CoinDesk

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