Members of Congress's Blockchain Caucus advocated for clearer tax policy for crypto donations in a new letter to Internal Revenue Service Commissioner Charles P. Rettig. Congressional lawmakers have previously called on the IRS for crypto tax clarity related to forked assets, staking and other guidance on "basic reporting requirements." However, Thursday's missive specifically related to what Congress members feel is "ambiguity" regarding appraisals for charitable donations. The way in which taxpayers report charitable donations in cryptocurrency differs from rules around donating in dollars, and lawmakers say the ... (full story)