House Weighs Two Crypto Tax Bills on Sept. 16

The U.S. House is scheduled to review digital asset tax bills on September 16, with new reports indicating that Republicans may strip out provisions for mining and staking income. While the measures originally aimed to clarify tax timing for these activities, the potential removal leaves the issue to current statutes, a move reflecting broader industry demands and ongoing legislative debates.
According to GN markets/crypto (en-US), House Republican members are actively debating whether to remove specific tax provisions for mining and staking from the digital asset bill ahead of Wednesday's markup. This potential change would revert the treatment of reward-based assets to existing IRS guidelines rather than introducing new clarifying rules.
Source: biggo.comThe U.S. House plans to review two digital asset tax bills on September 16. These measures target mining income and wash-sale rules.
Source: crypto.news






