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After the 2021 law, the Biden administration kept coming up with new crypto taxes. But now, the climate is far friendlier with Republicans in power.

Crypto companies pick up tax help

Crypto has been building its political muscle in Washington and is now poised for influence like the industry has never seen before.

And as crypto hires keep rolling in on K Street, there’s been a number lately on tax. That was, of course, the area that got the digital asset industry scrambling to build power in Washington in the first place when Congress slipped new tax reporting rules for crypto “brokers” into a bipartisan 2021 law.

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Editorial photos provided by Getty Images. Political ads courtesy of AdImpact.