Representative Max Miller is circulating a 14-page draft of a cryptocurrency tax bill in the U.S. House of Representatives. The framework addresses stablecoin payments, digital asset lending, and the tax timeline for mining and staking rewards. It introduces measures that strengthen the enforcement of current tax rules for cryptocurrency transactions.
This cryptocurrency tax bill came to light after congressional reporter Laura Weiss pointed it out in a post on X. Weiss named Representative Steven Horsford as the Democratic co-lead of the initiative. This collaboration is a sign of bipartisan cooperation in the drafting phase. The proposed legislation has not yet been formally introduced.
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