Crypto Tax Bill Clears House Committee After Clarity Act Setback
Related
US House tax committee advances crypto tax overhaul in 38–5 vote
A bipartisan House committee vote advanced legislation that would reshape federal tax rules for stablecoins, staking, crypto lending and digital asset transactions.
Clarity Act Stalls in Senate as Crypto Bill Fails to Clear Key Vote
The crypto market structure bill failed to receive enough votes to advance in the Senate.
US House crypto tax package omits mining, staking reward deferral
The 114-page bill would change the tax treatment of crypto fees, stablecoins and lending while leaving existing reward-tax timing unchanged.
Chainalysis estimates $457B in taxable crypto activity, says CARF misses most
The blockchain analytics firm said just 14% of the onchain activity it identified is covered by the OECD’s international crypto tax-reporting framework.
CFTC and SEC Double Down on Crypto After Clarity Act Defeat
Michael Selig and Paul Atkins pledged to use their agencies’ existing powers to provide crypto regulatory certainty after the Senate failed to advance the bill.
Crypto Reacts: Bitcoin Slides as Clarity Act Fails to Clear Senate Vote
The Senate fell short of the 60 votes needed to advance the crypto industry's marquee bill Tuesday. Bitcoin dropped as the no tally mounted, but the move stopped well short of panic.