Targeted News Service

Sen. Budd Introduces Virtual Currency Tax Fairness Act

Bill Intros-Senate
Copyright © Targeted News Service, 2026

2026-04-05

Bailey Malota

WASHINGTON, April 5 -- Sen. Ted Budd, R-NC, has introduced the Virtual Currency Tax Fairness Act, aimed at amending the Internal Revenue Code to exclude small gains or losses from the sale of virtual currency from taxable income. This legislation is designed to alleviate the tax burdens associated with minor transactions in the burgeoning digital asset market.

The proposed bill addresses a significant barrier faced by cryptocurrency users. Currently, any sale or exchange of virtual . . .

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Sen. Budd Introduces Virtual Currency Tax Fairness Act

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