Congress is weighing whether tax relief for digital assets should be limited to stablecoins or expanded to cover a broader range of cryptocurrency transactions, placing Bitcoin, staking rewards and on-chain activity at the center of a growing policy debate in Washington.
The issue is expected to take center stage June 9 when the House Ways and Means Committee holds a hearing on digital asset taxation. According to CryptoSlate, lawmakers will hear testimony from representatives of Fidelity Investments, Coinbase, Coin Center and New York University's Tax Law Center as they examine whether current tax rules are discouraging everyday crypto use.
