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Fading QuicklySnapshot Window: 2026-09-21 05:10 UTC · ← Back to Crypto Overview
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Congress Is Taking Another Shot at Crypto Wash Sales - H.R. 10357 There has been a longstanding position in the crypto investment industry that wash sales do not apply to digital assets, because IRC Section 1091 applies to “stock or securities” and digital assets generally aren't treated as either tax designation purposes. Over the last few years, we've been able to take advantage of this when it comes to tax-loss harvesting and other tax-planning strategies for our clients. There has always been an expectation, however, that at some point Congress would pass legislation extending wash-sale restrictions to digital assets.