Global crypto regulation updates, enforcement actions, and compliance developments.
The new Digital Asset PARITY Act draft would extend wash-sale rules to digital assets while shielding certain regulated payment stablecoins from routine gain-or-loss recognition.
The proposal would create clear rules for tax reporting, and prevent gains from staking and lending from being taxed.
According to James Seyffart, the regulator could be waiting to formalize a framework to fast-track crypto ETF approvals before give full clearance to Grayscale.
