House Panel Advances Crypto Tax Bill With Bipartisan Support

The U.S. House Ways and Means Committee has advanced a major cryptocurrency tax bill aimed at clarifying how digital assets are treated under federal tax law and reducing compliance burdens for everyday crypto transactions. The committee considered H.R. 10357, the Digital Asset Tax Certainty Act, during a September 16 markup, moving the legislation toward consideration by the full House. The measure follows months of congressional work on digital asset taxation, including a June hearing focused on modernizing crypto tax rules. A central provision would establish a $10 de minimis threshold for…  Read more

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