House Advances Two Crypto Bills Amid Senate Setbacks

The U.S. House of Representatives has made progress on two significant cryptocurrency bills: the Digital Asset Tax Certainty Act and the American Reserve Modernization Act of 2026.

According to @coinbureau, these bills aim to clarify federal tax rules for digital assets and establish a Strategic Bitcoin Reserve, respectively.

The tax-related bill received strong support with a 38-5 vote in the House Ways and Means Committee, while the bill proposing the establishment of a Strategic Bitcoin Reserve was marked up by the House Financial Services Committee.

These developments come amid the stalling of the broader CLARITY Act in the Senate, which highlights ongoing challenges in establishing comprehensive crypto regulation.

Market participants may view these developments as potentially supportive for Bitcoin's future price appreciation, with some predicting possible shifts towards more structured and supportive legislative frameworks for cryptocurrencies in the U.S.