Senate Kills Crypto Market Bill, Then House Passes Tax Reform the Next Morning

The House Ways and Means Committee passed the Digital Asset Tax Certainty Act 38-5 with bipartisan support. The bill creates a $10 de minimis exemption for small crypto transactions to ease tax burdens. It covers stablecoins, staking, mining, lending, wash-sale rules, and broker requirements. The vote came less than 24 hours after the Senate killed a crypto market bill.