US House panel schedules crypto tax markup

TLDR

The House Ways and Means Committee will mark up the Digital Asset Tax Certainty Act, a major crypto tax bill, at 10 a.m. ET on September 16.

1. The bill would create a $10 de minimis exemption for certain crypto network and transaction fees and clarify tax rules for stablecoins, mining, staking and lending.
2. It keeps mining and staking rewards taxable when received, while extending stock-style wash sale rules to digital assets and launching a voluntary disclosure program for past crypto tax issues.
3. Committee debate could reshape key provisions and the bill still faces a long path through Congress, so nothing changes for taxpayers until it is passed and implemented.

Deep Dive

1. What The Committee Will Consider

House Ways and Means will take up H.R. 10357, the Digital Asset Tax Certainty Act, a 114 page package consolidating earlier crypto tax proposals, during a formal markup session at 10 a.m. ET on September 16. Reports from outlets such as Finance Yahoo and The Block confirm the schedule and scope.

A markup is a working meeting, not a final vote. Members can offer amendments, negotiate changes and then decide whether to send the bill to the full House. No outcome is guaranteed at this stage.

2. Core Changes For Crypto Users

The headline change is a de minimis exemption. Qualifying network or transaction fees of $10 or less paid in crypto would not require reporting gains or losses, easing compliance for small on chain fees and some routine payments. Coverage of this proposal appears in both crypto.news and CoinMarketCaps own community summary.

The bill also:

1. Clarifies tax treatment for U.S. dollar stablecoins when they trade slightly away from one dollar, using redemption value as basis when acquired near that level.
2. Treats mining and staking income as ordinary income when rewards are received, dropping earlier ideas to defer tax until sale, as noted by TradingViews Cointelegraph feed.
3. Extends wash sale rules to digital assets, limiting loss harvesting if a substantially identical token is bought within 30 days, and creates a Treasury Digital Asset Voluntary Disclosure Program to clean up past filings.

3. Odds, Politics And What To Watch

Budget estimates cited by the Joint Committee on Taxation indicate the package would reduce friction for everyday users while still raising net federal revenue through tighter wash sale and dealer rules, according to analysis in CryptoSlate.

However, several points are contentious. Industry groups continue to push for mining and staking deferral, while some lawmakers and banking interests oppose it. Observers note limited House floor time and competing priorities, making passage in 2026 uncertain, as highlighted by news.bitcoin.com.

Key things to watch: whether the committee changes the $10 threshold or heavy user exclusions, how it resolves mining and staking treatment, and how this bill interacts with broader market structure efforts like the CLARITY Act in the Senate.

Conclusion

The scheduled markup signals that US crypto tax policy is moving from scattered IRS guidance toward a more coherent statutory framework. For users, the most immediate potential relief is on small fees and stablecoin payments, while stricter wash sale rules and firm income treatment for rewards would close several existing tax advantages. Until the bill clears committee, both chambers and the White House, it remains a proposal, but the direction is clear: easier everyday use paired with tighter rules on trading and reporting.