US Lawmakers to Discuss Crypto Tax Policy Amid Push to Pass Three Bills

Congress ‘crypto week’ adds new event; Trump adds new token

In addition to the ongoing talks on 'crypto' legislation, the U.S. Congress will also discuss tax proposals as Senate leaders fight for crypto oversight. The post Congress ‘crypto week’ adds new event; Trump adds new token appeared first on CoinGeek.

US Congress Debates Crypto Tax Rules as Three Key Bills Advance

In a significant move to clarify the burgeoning field of cryptocurrency taxation, US lawmakers are drafting legislation aimed at refining crypto tax policies. This legislative initiative seeks to enhance transparency and consistency in how digital assets are taxed, potentially unlocking more robust investment and innovation in the blockchain sector. Details of the Proposed Legislation The forthcoming bill, spearheaded by members of the US Congre…

CoinStats - US lawmakers to discuss crypto tax policy am...

The hearing notice suggested a focus on a tax framework for digital assets, but did not mention specific witnesses or policies previously proposed. Lawmakers in the US House of Representatives are scheduled to hold a hearing on a crypto tax policy framework as part of Republicans’ push to consider bills on central bank digital currencies (CBDCs), stablecoins and market structure.In a Wednesday notice, leadership on the House Committee on Ways an…

US lawmakers to discuss crypto tax policy amid push to pass three bills

Chairs of the US House Committee on Ways and Means and the Oversight Subcommittee announced a July 16 hearing to discuss a “tax policy framework on digital assets.”