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House Ways and Means Committee advances bipartisan crypto tax bill

The House Ways and Means Committee approved legislation addressing multiple tax issues for cryptocurrency and digital-asset investors, including exemptions for small fees tied to digital-asset dispositions.

The House Ways and Means Committee approved legislation Wednesday aimed at resolving several complex tax issues for cryptocurrency and digital-asset investors. The bill would create tax exemptions for small fees paid with the disposition of digital assets and would address other related tax questions.