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Congress Gets 7 New Crypto Tax Bills: Here's What's In Them

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Decrypt Editorial
(06:13 PM UTC)
1 min read
EW
Verified byEmily Watson
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In brief

  • House Republicans unveiled seven crypto tax bills set to be discussed at a Tuesday Ways and Means Committee hearing.
  • The proposals would exempt staking rewards from taxable income and create a $10 de minimis exemption for gas fees.
  • The bills stop short of creating a broader exemption for everyday crypto purchases, a longtime industry goal.

House Republican leadership has begun…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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