Ways and Means circulates seven draft crypto tax bills
The House Ways and Means Committee circulated seven draft bills ahead of a hearing on crypto tax policy, outlining proposals on how digital-asset activity might be treated for tax purposes. The committee is the group of lawmakers tasked with writing laws governing taxes.
The drafts address staking and mining, de minimis transactions and stablecoin activity, among other issues. It is unclear how much progress they will make toward becoming law in the 2026 calendar year, given competing priorities in both chambers of Congress, but the circulation of bills and a forthcoming hearing mark procedural movement.
Alison Mangiero, head of industry affairs and U.S. policy at the Crypto Council for Innovation, called the package an "important first step" and said the committee's decision to release seven bills and hold a full committee legislative hearing on June 9 is significant procedurally.
United States
ways and, crypto tax, draft bills, staking, mining, de minimis, stablecoin, tax policy, crypto council, hearing