US Congress · White House · Bitcoin · CryptoSlate
Congress is weighing whether crypto tax relief should stop at stablecoins
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Congress is moving crypto’s next adoption fight into the tax code, where legal rails and everyday usability can split apart.
Key facts
- The House Ways and Means Committee is scheduled to hold a June 9 legislative hearing on digital asset taxation at 2:00 PM ET in 1100 Longworth
- Cynthia Lummis has already pushed the broader version of that debate, proposing a $300 de minimis rule with a $5,000 annual cap
- The June 23 comment deadline is the next meaningful signal after the hearing
- The June 9 hearing is a policy bottleneck in its own right
Summary
01 The House Ways and Means Committee will hold a June 9 hearing on digital asset taxation, with comments due June 23. 02 The hearing matters because tax rules can force crypto users to track basis, gains, and records for even small payments and fees. 03 Lawmakers still must decide whether relief should cover only regulated stablecoins or extend to small Bitcoin and on-chain transactions. The House Ways and Means Committee is scheduled to hold a June 9 legislative hearing on digital asset taxation at 2:00 PM ET in 1100 Longworth.