Blockchain Association Presses Congress on Crypto Taxes as Clarity Act Stalls

Bitcoin Magazine Blockchain Association Presses Congress on Crypto Taxes as Clarity Act Stalls The Blockchain Association sent a letter to Senate and House leadership on Thursday asking Congress to pass bipartisan digital asset tax legislation, the group’s first broad push on taxes since the Clarity Act failed in the Senate last month. The letter, signed by Chief Policy Officer Lindsay Fraser and addressed to Majority Leader John Thune, Minority Leader Chuck Schumer, Speaker Mike Johnson and Minority Leader Hakeem Jeffries, argues that the rules governing the 67 million Americans who hold digital assets “were written for a different era.” The group paired it with a new site, TaxClarityforAmerica.com, built for constituents to contact their representatives.

First reported by Bitcoin Magazine. This page is a short excerpt; the full text is theirs.