US House Crypto Tax Package Excludes Rewards Timing Provision

The US House Ways and Means Committee is set to consider a comprehensive cryptocurrency tax package on Wednesday. The bill, H.R. 10357, the Digital Asset Tax Certainty Act, is designed to bring more structure to several areas of digital-asset taxation.

The proposal retains multiple provisions affecting mining and staking but does not include a key feature that would have delayed taxes on new rewards until the tokens are actually sold for cash. This omission could be a practical sticking point for miners and stakers who argue that taxing rewards as soon as they are received may create liquidity problems.

The bill targets multiple tax mechanics, including treatment of network/transaction fee payments (up to $10) and special rules for certain stablecoins. It also extends wash-sale and constructive-sale style rules to crypto and creates a voluntary disclosure pathway for taxpayers seeking to remedy past digital-asset tax issues.