The U.S. House Committee on Ways and Means is circulating seven draft proposals for cryptocurrency tax reforms and will hold a hearing on June 9, 2026, at 14:00 Eastern Time. The drafts address issues such as tax exemptions for small crypto transactions, tax treatment of stablecoins, deferral of taxes on mining and staking rewards, wash sale rules, alignment of securities tax regulations, and valuation requirements for digital asset charitable donations. According to reports, the full text of the drafts has not yet been made public, and the June 9 hearing is expected to focus on further discussion and revision of the proposals. This is regarded as the most significant cryptocurrency tax reform initiative since the IRS classified Bitcoin as property in 2014. (CryptoBriefing) https://t.co/VRZSW3apiZ
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