The House Advanced a Crypto Tax Bill 38 to 5. What the Digital Asset Tax Certainty Act Changes for Bitcoin Holders.
The measure would exempt $10 crypto fees from reporting and end a common Bitcoin loss-harvesting tactic, while raising Treasury revenue, lawmakers said.
- On Wednesday, the House Ways and Means Committee passed the Digital Asset Tax Certainty Act 38-5, aiming to reshape how Bitcoin holders manage taxes on daily purchases and year-end filings.
- The vote occurred one day after the Senate blocked the CLARITY Act, a broader market-structure bill, though this proposal avoids ethics disputes and focuses on revenue generation for the Treasury.
- By extending wash-sale rules to digital assets, the bill prevents investors from selling Bitcoin at a loss to offset gains, while a de minimis exemption would spare network fees of $10 or less from reporting.
- Representative Steven Horsford advocated for the small-transaction exemption during committee debate, while Representative Lloyd Doggett opposed the bill, arguing it favors the industry over broader taxpayer priorities.
- Lawmakers may consider the crypto provisions within a larger year-end tax package rather than a standalone vote, providing the IRS clearer rules for digital asset transactions.
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12 Articles
Crypto Tax Bill 2026: What H.R. 10357 Means for You
H.R. 10357, the Digital Asset Tax Certainty Act, is a 114-page bill heading to House Ways and Means markup on September 16 at 10 a.m. ET. It covers wash sales, mining and staking deferral, broker reporting, and eliminates taxes on network fees under $10 — unless you've made more than 5,000 transfers in the prior year.
The House Advanced a Crypto Tax Bill 38 to 5. What the Digital Asset Tax Certainty Act Changes for Bitcoin Holders.
One day after the Senate killed the crypto industry's marquee bill, a quieter piece of legislation sailed through a House committee 38 to 5, and it could reshape how Bitcoin holders manage taxes on everything from daily purchases to year-end loss strategies.
The House Advanced a Crypto Tax Bill 38 to 5. What the Digital Asset Tax Certainty Act Changes for Bitcoin Holders
The post The House Advanced a Crypto Tax Bill 38 to 5. What the Digital Asset Tax Certainty Act Changes for Bitcoin Holders. appeared first on 24/7 Wall St.. The Senate’s September 15 rejection of the CLARITY Act looked like a major setback for crypto, especially after two years of lobbying and…
Crypto Tax Bill Wins 38-5 Vote As House Eyes Digital Asset Reform
The House Ways and Means Committee advanced H.R. 10357 in a 38-5 vote, moving the digital asset tax proposal toward possible House consideration. The bill covers small transaction fees, wash-sale rules, mining, staking, stablecoins, and reporting requirements while leaving current tax rules in place for now.
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