According to Jinse Finance, despite significant legislative progress such as the GENIUS Act passed in July 2025 and the CLARITY Act passed by the House, the IRS still classifies crypto assets as intangible property for tax purposes, and the related tax rules have not changed.
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Forbes: The cryptocurrency tax rules remain unchanged after the passage of the GENIUS Act.
According to Jinse Finance, despite significant legislative progress such as the GENIUS Act passed in July 2025 and the CLARITY Act passed by the House, the IRS still classifies crypto assets as intangible property for tax purposes, and the related tax rules have not changed.