Forbes: Cryptocurrency tax rules remain unchanged after the passage of the GENIUS Act
2025-07-24 09:09:29
According to Forbes, despite significant legislative developments such as the GENIUS Act passed in July 2025 and the CLARITY Act passed by the House of Representatives, the Internal Revenue Service (IRS) still classifies cryptocurrencies as "intangible property" for tax treatment, and the relevant tax rules have not changed.
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