Committee passage matters here — this bill would keep qualifying crypto fees out of gain/loss math, which is a real headache reduction for anyone actively trading or using DeFi. The flip side is tighter rules on quick sell-and-rebuy moves for tax-loss purposes, so the wash-sale-style loophole traders lean on is getting squeezed. Progress on tax clarity even as the bigger Clarity Act hits friction shows Congress can still move piecemeal on crypto.