House Ways and Means advances Digital Asset Tax Certainty Act in 38-5 vote

  • House Ways and Means advanced H.R. 10357, the Digital Asset Tax Certainty Act.
  • The committee approved H.R. 10357 by a 38-5 vote.
  • House Financial Services delayed its H.R. 8957 vote while its events page listed a markup.

The House Ways and Means Committee voted 38-5 to advance H.R. 10357, the Digital Asset Tax Certainty Act, which would revise U.S. tax treatment of digital assets. The measure includes a de minimis exemption for qualifying network or transaction fees of $10 or less, subject to a 5,000-transfer limit, expands wash-sale restrictions, addresses stablecoin basis and permits simplified annual accounting for widely traded digital assets from 2028. The Joint Committee on Taxation projects the overall bill would raise about $500 million from fiscal 2027 through 2036. Separately, the House Financial Services Committee delayed a vote on H.R. 8957, legislation to establish a Strategic Bitcoin Reserve and Digital Asset Stockpile at the Treasury Department. The committee's official events page still lists the bill for markup, but neither a reason for the delay nor a new voting date has been specified.

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