Crypto tax bills a work-in-progress as U.S. House lawmakers pose concerns

PolicyShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailCrypto tax bills a work-in-progress as U.S. House lawmakers pose concernsThe effort to push several tax bills is meant to be bipartisan, but the parties may not be comfortable with all details of the seven bills weighed by the panel.By Jesse Hamilton|Edited by Nikhilesh De Jun 9, 2026, 9:06 p.m. 4 min readMake preferred on What to know: The U.S. House Ways and Means Committee examined a slate of crypto tax proposals in a hearing, questioning the details of several of the draft bills and suggesting there may be significant remaining work they'd expect on the efforts.One aspect that drew significant concerns from committee Democrats was the potential for deferred taxation of mined digital assets being gamed by the mining companies.A package of several crypto tax bills may not be ready yet for prime time, as a U.S. House Ways and Means Committee hearing revealed potentially significant questions from lawmakers that suggested the panel hasn't achieved a bipartisan embrace of the bills that would tailor a clearer tax code for digital asset gains.The latest legislative drafts are meant to address tax-filing burdens from crypto users and investors, though House lawmakers — especially Democrats — raised pointed questions about the proposed tax treatments during a Tuesday hearing to discuss the bills, and some key members reportedly objected in advance of the session. This preliminary hearing is an opening step of a process that would typically proceed through revisions and markup before the bills could be considered by the wider House of Representatives, and committee Chairman Jason Smith indicated an intent for bipartisan progress."I'm aligned with that goal — eventually," said Richard Neal, the committee's ranking Democrat, during the hearing. "There's healthy skepticism on both sides."Though the Digital Asset Market Clarity Act that's slowly winding its way through the U.S. Senate represents t…

Crypto tax bills a work-in-progress as U.S. House lawmakers pose concerns

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