According to CNBC, U.S. Congressman Jodey Arrington has proposed the H.R. 9172 bill, which aims to extend the traditional financial market's 'wash sale rule' to crypto assets. If investors sell crypto assets to realize a loss and repurchase substantially identical assets within 30 days before or after the sale, they will not be able to immediately use the loss for tax deductions. Currently, the IRS generally treats crypto assets as property, so directly held BTC, ETH, etc., are typically not subject to the existing wash sale rule. The bill has not yet been passed, and eligible dollar-pegged stablecoins as well as certain mining and staking income assets are proposed to be exempt. https://(wublock123.com)/news/us-lawmakers-seek-wash-sale-rule-for-crypto-limit-buybacks-tax-deduction-65473