Overview
Bloomberg News quoted Lisa Zarlenga in a December 20 article titled "Crypto Investors Get Temporary Win as Biden Plan Stalls." The article discusses how the temporary halt on President Biden's economic plan benefits crypto investors who were facing the possibility of higher taxes resulting from constructive sales or wash sales if it was enacted.
Zarlenga told Bloomberg News, "The bill stalling is a win for crypto investors. …But as you know, once legislative language is out there, it never really goes away," suggesting the proposals could resurface at a later date.
The full article can be read at Bloomberg News (subscription required).
