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US House Targets 3 Crypto Sectors in 7-Bill Tax Overhaul Push

US House Targets 3 Crypto Sectors in 7-Bill Tax Overhaul Push

The House Ways and Means Committee is circulating seven draft bills that would rewrite how the United States taxes digital assets. The package targets stablecoins, staking and mining, and crypto lending.

The drafts surfaced days before a full committee hearing on digital asset taxation scheduled for June 9. They break a broader bipartisan tax bill into standalone proposals that members can advance separately.

Seven Bills, Three Sectors in Focus

The committee is reportedly circulating the seven discussion drafts internally. As part of the package, they split apart the Digital Asset PARITY Act, first floated as an earlier discussion draft and introduced on May 19 by Representatives Max Miller and Steven Horsford.

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