On July 30, 2025, the President’s Working Group on Digital Asset Markets (PWG) released a report, Strengthening American Leadership in Digital Financial Technology (“the Report”) and a fact sheet highlighting recommendations in the Report.
The Report contains chapters addressing diverse topics, including the digital asset market structure, banking and digital assets, stablecoins, and anti-money laundering. The most relevant chapter for tax professionals is Chapter VII, Taxation. Here’s what you need to know.
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For more information, please contact Philipp Behrendt at behrendt@taxlitigator.com.
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