The House committee pushes an encrypted tax bill, taking another step forward.
Don’t rush to shout “good news”—when the tax framework is implemented, it effectively tightens the gray areas; it boosts short-term sentiment, and in the medium term it depends on how the detailed rules are rolled out.
The real heavy hitters are still ETFs and the U.S. Federal Reserve; tax reform is at best a side dish.
$BTC $ETH #Crypto #Tax
Don’t rush to shout “good news”—when the tax framework is implemented, it effectively tightens the gray areas; it boosts short-term sentiment, and in the medium term it depends on how the detailed rules are rolled out.
The real heavy hitters are still ETFs and the U.S. Federal Reserve; tax reform is at best a side dish.
$BTC $ETH #Crypto #Tax
