The amendment pushed by Lummis, which hasn't yet come up for a vote, also addresses tax issues with crypto lending, wash sales and charitable contributions.
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Senator Seeks to Waive U.S. Taxes on Small-Scale Crypto Activity in Big Budget Bill
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Senator Lummis’s amendment also sought to close loopholes such as crypto wash trading, which currently enable abusive tax-loss harvesting strategies, crypto lending and charitable contributions to modernize asset treatment
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