📰 Congress wants to make crypto easier to use and still collect $500 million more in taxes
🗓️ Sep 16 2026 00:20 UTC
The full crypto tax package would raise $500 million on net as lawmakers trade payment relief for tougher investor rules.
➤ Congress is considering H.R. 10357, a crypto tax overhaul aiming to raise $500 million by extending wash sale rules to digital assets while offering relief on stablecoin payments and small transaction fees.
➤ The bill seeks to simplify crypto usage by reducing tax friction for qualifying stablecoin transactions and fees, but also introduces stricter investor rules similar to traditional finance.
➤ The legislation's revenue projections and specific provisions, such as wash-sale limits and fee exemptions, are subject to amendment before final votes in Congress.
#cryptotax #stablecoinrelief #washsalerules #hr10357 #digitalassettax #transactionfees #taxoverhaul #congress #investorrules #taxfriction
🔗 Read more at: https://rwatimes.io/articles/cryptoslate-congress-wants-to-make-crypto-easier-to-use-and-still-collect-500-million-more-in-taxes-3620479385
/ RWATimes
npub1r6…jxrkh
2026-09-16 00:36:02 UTC
Author Public Key
npub1r6s7yz2fjd70eke5uttfx0emeu6ce9neszmczlfy2wwwdaftvw2sejxrkhPublished at
2026-09-16 00:36:02 UTCEvent JSON
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"content": "📰 Congress wants to make crypto easier to use and still collect $500 million more in taxes\n🗓️ Sep 16 2026 00:20 UTC\n\nThe full crypto tax package would raise $500 million on net as lawmakers trade payment relief for tougher investor rules.\n\n➤ Congress is considering H.R. 10357, a crypto tax overhaul aiming to raise $500 million by extending wash sale rules to digital assets while offering relief on stablecoin payments and small transaction fees.\n➤ The bill seeks to simplify crypto usage by reducing tax friction for qualifying stablecoin transactions and fees, but also introduces stricter investor rules similar to traditional finance.\n➤ The legislation's revenue projections and specific provisions, such as wash-sale limits and fee exemptions, are subject to amendment before final votes in Congress.\n\n#cryptotax #stablecoinrelief #washsalerules #hr10357 #digitalassettax #transactionfees #taxoverhaul #congress #investorrules #taxfriction\n\n🔗 Read more at: https://rwatimes.io/articles/cryptoslate-congress-wants-to-make-crypto-easier-to-use-and-still-collect-500-million-more-in-taxes-3620479385",
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