
House Republicans have introduced 7 standalone crypto tax bills for discussion at the House Ways and Means Committee hearing on June 9. Key proposals include: • Defer tax on staking & mining rewards until sold • $10 de minimis exemption for gas fees & small transactions • Voluntary disclosure program for past reporting failures • Stablecoins treated like cash, plus first framework for DeFi lending, wash-sale rules for crypto, and clear donation rules. This is the most targeted, user-friendly tax package Congress has put forward, directly addressing “phantom income” pain points that have frustrated everyday holders and validators.

