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119-hr-10357Committee
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Digital Asset Tax Certainty Act

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Summary

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The Digital Asset Tax Certainty Act amends the Internal Revenue Code to reform the federal tax treatment of digital assets (such as cryptocurrencies). The bill removes certain tax barriers to using digital assets as a medium of exchange by exempting small network and transaction fees from capital gains recognition, establishes simplified accounting methods for widely traded digital assets, and applies existing tax anti-abuse rules (such as wash sale rules) to digital assets. It also clarifies the tax treatment of cryptocurrency mining and staking income, establishes broker reporting requirements, and creates a voluntary disclosure program for digital asset owners.

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Bill details

Congress
119
Bill type
hr
Introduced
September 14, 2026
Sponsor
Jason SmithRMO
Cosponsors
8
Last action
September 16, 2026— Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 38 - 5.

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