House Appropriations Committee Postpones Hearing on Bitcoin and U.S. Cryptocurrency Tax Policy Framework

On July 7, reporter Eleanor Terrett confirmed that the House Appropriations Committee’s Oversight Subcommittee hearing on establishing the United States as a global cryptocurrency hub has been postponed due to the House of Representatives recess. This hearing, initially aimed at developing a modern tax policy framework for digital assets, will be rescheduled with the new date pending. The delay highlights ongoing legislative challenges in shaping effective regulatory measures for the rapidly evolving crypto sector.