# House passes first-ever crypto tax bill

> The Ways and Means Committee votes to advance landmark legislation that would establish clear tax rules for digital assets.
- Title: House passes first-ever crypto tax bill · Pymnts | Shortify
- Summary: The Ways and Means Committee votes to advance landmark legislation that would establish clear tax rules for digital assets. The Digital Asset Tax Certainty…
- Keywords: house ways and means committee, digital asset tax certainty act, h.r. 10357, crypto taxation, rudy yakym, jason smith, digital assets, tax framework, cryptocurrency, stablecoins, mining rewards, staking rewards
- Source: Pymnts — https://pymnts.com/cryptocurrency/2026/house-committee-advances-first-ever-crypto-tax-bill
- Author: PYMNTS
- Published: 2026-09-16T20:01:53+00:00
- Read time: 1 min
- Topics: house ways and means committee, digital asset tax certainty act, h.r. 10357, crypto taxation, rudy yakym, jason smith, digital assets, tax framework, cryptocurrency, stablecoins, mining rewards, staking rewards
## Historic crypto tax bill advances
The House Ways and Means Committee voted 38-5 to advance the Digital Asset Tax Certainty Act on September 16, marking the first-ever federal tax framework for digital assets.

> This is a historic moment for this Committee: after more than a year of working together, Republican and Democrat Members have come together to establish the first-ever tax framework for digital assets.
## Bill treats crypto like other assets
The legislation provides clear guidelines for digital asset taxation and brings clarity, parity, and workability to how crypto is taxed, according to Rep. Jason Smith.

> It gives crypto owners clear guidelines and treats digital assets like other financial assets.
## Mining and staking get new rules
The bill establishes that mining and staking rewards are treated as ordinary income rather than capital gains, and creates tax exemptions for fees paid when selling digital assets.
## Consumer crypto transactions easier
The legislation establishes rules to make it easier for people to use cryptocurrency and stablecoins for everyday consumer transactions.
## Wash sale rules limit loss claims
The bill limits taxpayers' ability to record losses on digital asset sales if they quickly buy similar assets, mirroring rules that apply to stock trading.
## Bill's future uncertain after election
While the bill could advance after the election, it faces a murky future if Democrats retake the House. A related Senate crypto bill collapsed the same week.
## Key takeaway

The Digital Asset Tax Certainty Act creates the first federal tax framework for crypto, treating digital assets like other financial assets and establishing rules for mining, staking, and consumer transactions.