PANews
PANews|Sep 12, 2026 13:47
[U.S. House Ways and Means Committee to Review Cryptocurrency Tax Rules on September 16] According to Crypto Briefing, the U.S. House Ways and Means Committee is scheduled to review a series of digital asset tax legislation on September 16, advancing the cryptocurrency tax bill toward a full House vote. The review will focus on two core issues: when miners and stakers should pay taxes on newly created tokens, and whether wash sale rules applicable to stocks should also cover digital assets. The two key bills are the 'Keep Innovation in America Act' H.R. 9175 and the 'Digital Asset Market Structure and Investor Protection Act' H.R. 9172. The former stipulates that miners and stakers are not required to pay taxes immediately upon receiving new tokens but can wait until the tokens are actually sold to pay taxes as ordinary income. The latter extends wash sale and constructive sale rules to actively traded digital assets, closing tax loopholes that cryptocurrency traders have exploited for years.
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