What happened
Congressional leadership put seven crypto tax bills on the docket Friday, with a House hearing scheduled for Tuesday to walk through the package, Decrypt reported. It's the first time a slate of digital-asset tax measures has reached this level of formal deliberation. Prior crypto tax bills in the 118th and 119th Congresses stalled in subcommittee or got buried inside broader appropriations vehicles that never moved.
This one is on its own track. The bills cover the recurring pain points the industry has flagged since the 2021 Infrastructure Investment and Jobs Act: the definition of a 'broker' for 1099 reporting, the tax treatment of staking rewards at the moment of receipt versus disposal, mining income classification, and a de minimis exemption that would spare retail users from logging every small transaction.
Decrypt's reporting frames the package as a coordinated push rather than seven competing standalone measures, though committee staff have not yet released the bill text in a consolidated form.
Why it matters
The 2021 broker rule has been the single biggest unresolved tax-policy question in US crypto for four years. Treasury's implementing regulations, finalized in pieces through 2024 and 2025, drew sharp pushback from DeFi developers, miners, and validator operators who argued the statutory language was written for centralized intermediaries and didn't map onto how the technology actually works.
Industry groups including the Blockchain Association and Coin Center filed comments running into the hundreds of pages. Now Congress is taking a swing at fixing the underlying statute rather than litigating the regulations downstream. Staking treatment is the other live wire.