US Congress · White House · CryptoSlate
Congress wants to make crypto easier to apply and still collect $500 million more in taxes
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A House crypto tax overhaul would raise an estimated $500 million while easing taxes on stablecoin payments and small fees.
Key facts
- The Joint Committee on Taxation estimates the legislation would increase federal receipts by about $500 million net from fiscal 2027 through 2036, after accounting for provisions that both raise
- The House Ways and Means Committee is scheduled to consider H.R. 10357, the Digital Asset Tax Certainty Act, on Sept
- That provision would take effect for dispositions after Dec. 31, 2027, and carries one of the package's highest costs
- A House crypto tax overhaul would raise an estimated $500 million while easing taxes on stablecoin payments and small fees
Summary
01 House Ways and Means will consider H.R. 10357, a crypto tax overhaul pairing stablecoin relief with expanded trading rules. 02 The bill could raise $500 million over 2027-2036 while reducing tax friction for qualifying stablecoin payments, fees, loans, and staking trusts. 03 Markup amendments could reshape wash-sale limits, fee exemptions, and the bill’s projected revenue before votes in Congress. The House Ways and Means Committee is scheduled to consider H.R. 10357, the Digital Asset Tax Certainty Act, on Sept. 16, putting a broad rewrite of digital-asset taxation before lawmakers after months of negotiations over how closely crypto should be treated like traditional financial assets.