US Senate may unveil crypto tax bill as early as this fall

CoinFeed June 24 news, according to Bloomberg Tax, US Senate Republican tax drafter Steve Daines said that the framework for cryptocurrency tax legislation being advanced in the Senate has basically taken shape and may be unveiled as early as this fall. Daines said the framework has "more similarities than differences" with the version previously released by the House Ways and Means Committee, and he hopes to hold a legislative markup session this year, but did not disclose specific details.