The House Ways and Means Committee has just introduced 7 landmark draft bills to completely overhaul digital asset taxation ahead of its major hearing today.

- New rewards would no longer trigger instant "phantom income" taxes - you’ll only be taxed when you actually sell them.

- Everyday #stablecoin and crypto transactions under $200 (or up to $300 for #BTC ) would be exempt from capital gains tax.

- #CryptoLending would become tax-free, but standard 30-day wash-sale rules will be introduced to prevent instant tax-loss harvesting.