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BREAKING: Senate Pushes Through Budget Bill—Crypto Tax Crackdown Left on Cutting Room Floor
BREAKING: Senate Pushes Through Budget Bill—Crypto Tax Crackdown Left on Cutting Room Floor
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Washington's latest budget showdown ends with a surprise win for crypto holders—for now.
The Backroom Dodge
Senators quietly axed a controversial provision that would've forced blockchain brokers to report user transactions to the IRS. No debate, no drama—just old-school legislative sleight-of-hand.
What's Next?
While Treasury officials fume, exchanges are popping champagne corks. 'This kicks the can to 2026 at least,' whispers one lobbyist—just as Congress rushes to recess before anyone asks follow-up questions.
The Bottom Line
Another day, another loophole. Wall Street still gets its carried interest, crypto gets its reprieve—and somehow it's always Main Street left holding the tax bill. Some things never change.
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