Congress has introduced the Digital Asset PARITY Act, a bipartisan discussion draft introduced by Reps. Steven Horsford and Max Miller, who would rewrite Section 1091 to cover “specified assets.”The category explicitly includes actively traded digital assets and their derivatives, and carves out a narrow class of regulated payment stablecoins from routine gain-or-loss recognition.The draft lands harder on the crackdown side than on the relief side, and that asymmetry is what gives the proposal its sharpest edge.For years, crypto traders have exploited a gap that stock investors cannot touch. Under current law, wash-sale rules apply to “stock or securities,” a definition that excludes digital assets.A trader could...

Marco Rubio sat down with G7 foreign ministers and told them privately that the war with Iran could continue another two to four weeks, handing Washington's closest allies and the market a countdown.Reports noted that Rubio publicly said the operation should conclude in “weeks, not months,” and the gap between those two framings captures the window long enough to sustain macro strain where Bitcoin now trades.Bitcoin reached an intraday low of $65,571.07 on Mar. 27, down roughly 4.4% on the day. Meanwhile, Brent crude was at $111.52, up 53% since the war began on Feb. 27.The Nasdaq had entered correction territory, the 10-year Treasury yield stood...

Congress has introduced the Digital Asset PARITY Act, a bipartisan discussion draft introduced by Reps. Steven Horsford and Max Miller, who would rewrite Section...

Marco Rubio sat down with G7 foreign ministers and told them privately that the war with Iran could continue another two to four weeks,...