Current outcome
The Digital Asset Tax Certainty Act (H.R. 10357) has been approved by the House Ways and Means Committee 38-5 with a substitute adopted, advancing to the full House; the bill still includes a $10 qualifying-fee exception and provisions covering stablecoins, lending, staking and mining, but does not satisfy industry requests for broader de minimis relief and deferral or timing changes for staking and mining reward taxation.
Progress timeline
4 material updates- #01
US House crypto tax package omits mining, staking reward deferral
The US House Ways and Means Committee's 114-page crypto tax package would overhaul tax treatment of crypto fees, stablecoins, and lending but omits a provision to defer taxation of mining and staking rewards until sale.
Source evidence: Cointelegraph
- #02
House committee releases sweeping crypto tax bill ahead of Wednesday markup
The House committee has released the crypto tax bill ahead of a Wednesday markup, including a $10 exception for certain fees paid in crypto.
State after update: The US House Ways and Means Committee's crypto tax bill has been released and is set for a Wednesday markup, including a $10 exception for certain fees paid in crypto, along with provisions covering stablecoins, mining, and staking.
Source evidence: The Block
- #03
Crypto's Long-Sought 'De Minimis' Tax Break Gets a House Markup This Week
The bill is named the Digital Asset Tax Certainty Act (H.R. 10357), introduced by Ways and Means Chairman Jason Smith, with markup scheduled for Sept 16 at 10 a.m. Eastern, and provisions effective starting in 2028.
State after update: The US House Ways and Means Committee's Digital Asset Tax Certainty Act (H.R. 10357) has been released and is set for a Sept 16 markup, including a $10 exception for certain fees paid in crypto, along with provisions covering stablecoins, mining, staking, and lending effective in 2028, but omitting a deferral for mining and staking rewards.
Source evidence: Decrypt
- #04
Crypto’s first big tax win comes with a catch for stakers and everyday payments
The House Ways and Means Committee approved H.R. 10357, the Digital Asset Tax Certainty Act, by 38-5 on Sept. 16, adopting Chairman Jason Smith’s substitute and sending the bill to the full House; industry groups continue to seek broader everyday-payment relief and changes to when staking and mining rewards become taxable.
State after update: The Digital Asset Tax Certainty Act (H.R. 10357) has been approved by the House Ways and Means Committee 38-5 with a substitute adopted, advancing to the full House; the bill still includes a $10 qualifying-fee exception and provisions covering stablecoins, lending, staking and mining, but does not satisfy industry requests for broader de minimis relief and deferral or timing changes for staking and mining reward taxation.
Source evidence: CryptoSlate