Blockchain Association urges Congress to ease crypto tax rules for 67M holders

In a recent development, the Blockchain Association (BA) has urged the U.S. Congress to introduce clearer and fairer tax rules for cryptocurrencies. They believe that existing regulations create uncertainty and unnecessary compliance burdens for the 67 million Americans who hold and use digital assets. Therefore, in a letter dated the 22nd of October, 2026, addressed to Senate and House leaders, the industry group outlined its Digital Asset Tax Principles. In fact, they even called for bipartisan legislation that reflects how digital assets function today.