Wire · regulatory
Blockchain Association Urges Congress to Pass Crypto Tax Rules, Lays Out 10 Principles
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Fusion42 · 23 October 2026 · Fusion42 review
The Blockchain Association has urged US Congress to enact bipartisan crypto tax legislation based on 10 principles including a de minimis exemption, treating stablecoins like cash, and applying wash sale rules to crypto. The group emphasizes the need for clear, administrable, and technology-neutral tax rules aligned with economic reality, while current Senate efforts on crypto market structure remain stalled.
This Wire brief sits within Fusion42's coverage of Fintech, and 2 sources have reported it.
◆ ◆ The Wire takeaway
You need to prepare for a clearer tax environment if Congress passes these crypto rules, especially if you manage wallet-to-wallet transfers or stablecoin transactions. This is a chance to formalize compliance and reduce operational uncertainty before the rules take effect.
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2 sources · 23 Oct 2026
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