★Congress proposes removal of widely used Bitcoin tax loophole and giving it to regulated stablecoins

"The proposed removal of wash sale benefits for actively traded digital assets could significantly alter trading strategies and capital allocation within crypto portfolios, increasing the effective cost of short-term speculation. Concurrently, the explicit carve-out for regulated stablecoins signals a potential regulatory preference, potentially driving institutional capital towards these assets as a compliant store of value and transaction layer. This legislative move impacts market liquidity, trading volumes, and the competitive landscape between different digital asset classes."