Congress introduced H.R. 9172 to extend wash sale rules to crypto, closing a tax loophole worth an estimated $23.5 billion over the next decade.

Crypto investors have largely been exempt from the "wash sale" rules that apply to stocks and other traditional assets. Congress is trying to clamp down.

US lawmakers target crypto tax loophole, creating uncertainty. Bitcoin reaching $200K by December 2026 at 2.2% YES.