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More than 80 taxpayers collectively walked away with more than $1 billion in total savings in 2018, the first year the pass-through tax break was available.
The proposal would clarify rules on who is a broker for cryptocurrency and ensure that it wouldn’t sweep in software developers, cryptocurrency transaction validators, node operators or other non-brokers.
Increased awareness and enhanced technology platforms have helped make it easier for individual investors to access previously unavailable asset classes.