The post US Crypto Tax Framework Draft Signals Major Shift in Digital Asset Rules appeared first on Coinpedia Fintech News A new crypto-focused tax framework isThe post US Crypto Tax Framework Draft Signals Major Shift in Digital Asset Rules appeared first on Coinpedia Fintech News A new crypto-focused tax framework is

US Crypto Tax Framework Draft Signals Major Shift in Digital Asset Rules

US Crypto Tax

The post US Crypto Tax Framework Draft Signals Major Shift in Digital Asset Rules appeared first on Coinpedia Fintech News

A new crypto-focused tax framework is quietly gaining traction in the US House of Representatives, signaling a potential turning point for how digital assets are taxed. Led by Republican Rep. Max Miller and backed by Democrat Rep. Steven Horsford, the draft proposal reflects growing bipartisan agreement that US crypto tax rules need modernization.

Although the bill has not yet been formally introduced, its structure highlights a clear shift: treating crypto less like a speculative novelty and more like a functional financial system used for payments, lending, and network operations.

Stablecoin Payments Get Tax Relief

One of the most eye-catching provisions is a proposed de minimis exemption for regulated stablecoin payments. Under the draft, transactions under $200 would no longer trigger a taxable event.

This change could significantly simplify everyday crypto usage, allowing consumers to spend stablecoins on goods and services without tracking capital gains on small purchases.

Lawmakers, however, are keeping the exemption narrow. The goal is to reduce paperwork—not enable tax avoidance. Safeguards, reporting requirements, and anti-abuse rules are expected to prevent users from splitting large transactions into repeated small payments.

  • Also Read :
  •   Are Banks Trying to Kill Stablecoin Rewards? 125 Crypto Groups Push Back
  •   ,

Clear Rules for Crypto Lending

The proposal also tackles digital asset lending, an area that has long operated in tax uncertainty. The draft would allow non-taxable treatment for legitimate lending of liquid and fungible digital assets, as long as lenders receive the same type of asset in return.

To close loopholes, the framework excludes arrangements that resemble asset sales or manipulate tax basis. NFTs, illiquid or thinly traded tokens, tokenized securities, and derivative-based instruments are explicitly left out.

Mining and Staking Tax Deferral

Another major shift involves mining and staking rewards. Instead of taxing rewards immediately upon receipt, the proposal would allow taxpayers to defer income recognition for up to five years.

This change acknowledges the operational realities of blockchain validation and addresses cash-flow challenges faced by miners and stakers—especially during volatile market conditions.

Shift in US Crypto Tax Policy

Taken together, the draft outlines a more pragmatic approach to US crypto taxation. By easing rules for everyday payments, tightening standards for complex transactions, and offering flexibility for network participants, lawmakers appear to be redefining how digital assets fit into the financial system.

If introduced and passed, the proposal could represent one of the most significant updates to US crypto tax policy to date—potentially reshaping how Americans use and report digital assets.

Never Miss a Beat in the Crypto World!

Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

bell icon Subscribe to News

FAQs

What is the new US crypto tax proposal about?

It’s a bipartisan draft in the US House aiming to modernize crypto taxes by simplifying payments, clarifying lending rules, and easing taxes on mining and staking.

How does the proposal change crypto lending taxes?

It allows tax-free treatment when the same digital asset is lent and returned, while excluding NFTs, illiquid tokens, and sale-like structures.

Is the US crypto tax framework officially law yet?

No. It’s still a draft and not formally introduced, but it signals strong bipartisan momentum toward clearer and more practical crypto tax rules.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny

Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny

The post Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny appeared on BitcoinEthereumNews.com. The cryptocurrency world is buzzing with a recent controversy surrounding a bold OpenVPP partnership claim. This week, OpenVPP (OVPP) announced what it presented as a significant collaboration with the U.S. government in the innovative field of energy tokenization. However, this claim quickly drew the sharp eye of on-chain analyst ZachXBT, who highlighted a swift and official rebuttal that has sent ripples through the digital asset community. What Sparked the OpenVPP Partnership Claim Controversy? The core of the issue revolves around OpenVPP’s assertion of a U.S. government partnership. This kind of collaboration would typically be a monumental endorsement for any private cryptocurrency project, especially given the current regulatory climate. Such a partnership could signify a new era of mainstream adoption and legitimacy for energy tokenization initiatives. OpenVPP initially claimed cooperation with the U.S. government. This alleged partnership was said to be in the domain of energy tokenization. The announcement generated considerable interest and discussion online. ZachXBT, known for his diligent on-chain investigations, was quick to flag the development. He brought attention to the fact that U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce had directly addressed the OpenVPP partnership claim. Her response, delivered within hours, was unequivocal and starkly contradicted OpenVPP’s narrative. How Did Regulatory Authorities Respond to the OpenVPP Partnership Claim? Commissioner Hester Peirce’s statement was a crucial turning point in this unfolding story. She clearly stated that the SEC, as an agency, does not engage in partnerships with private cryptocurrency projects. This response effectively dismantled the credibility of OpenVPP’s initial announcement regarding their supposed government collaboration. Peirce’s swift clarification underscores a fundamental principle of regulatory bodies: maintaining impartiality and avoiding endorsements of private entities. Her statement serves as a vital reminder to the crypto community about the official stance of government agencies concerning private ventures. Moreover, ZachXBT’s analysis…
Share
BitcoinEthereumNews2025/09/18 02:13
Coinbase Joins Ethereum Foundation to Back Open Intents Framework

Coinbase Joins Ethereum Foundation to Back Open Intents Framework

Coinbase Payments has joined the Open Intents Framework as a core contributor, working alongside Ethereum Foundation and other major players. The initiative aims to simplify complex multi-chain interactions through automated solver technology. The post Coinbase Joins Ethereum Foundation to Back Open Intents Framework appeared first on Coinspeaker.
Share
Coinspeaker2025/09/18 02:43
Unleashing A New Era Of Seller Empowerment

Unleashing A New Era Of Seller Empowerment

The post Unleashing A New Era Of Seller Empowerment appeared on BitcoinEthereumNews.com. Amazon AI Agent: Unleashing A New Era Of Seller Empowerment Skip to content Home AI News Amazon AI Agent: Unleashing a New Era of Seller Empowerment Source: https://bitcoinworld.co.in/amazon-ai-seller-tools/
Share
BitcoinEthereumNews2025/09/18 00:10