The U.S. House Ways and Means Committee announced that it will bring the 'Digital Asset Tax Certainty Act' (H.R.10357), submitted by Chairman Jason Smith on the 14th, to committee review on the 16th Japan time. The 114-page bill aims to revise the tax treatment of cryptocurrency fees, stablecoins, capital loss deductions, lending, donations, mining and staking, and reporting obligations.
Markup refers to the process where committee members review the bill and vote on amendments...