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U.S. House Proposes Crypto Tax Framework, Clarifies Stablecoin and Staking Regulations

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U.S. House lawmakers are drafting a crypto tax framework that introduces a capital gains tax exemption for staking and mining rewards. The proposal includes a tax-safe harbor for regulated stablecoin transactions and defers taxation on blockchain validation rewards. Stablecoins valued between $0.99 and $1.01 would also avoid capital gains tax. The plan aims to align crypto taxation with existing securities and commodities rules. Liquidity and crypto markets remain a key focus as the broader regulatory bill moves through negotiations.
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