U.S. House hearing on June 9 to review seven crypto tax draft bills

A House Ways and Means Committee hearing scheduled for June 9 will take up seven draft crypto tax bills covering stablecoin transactions, crypto lending, and charity-related wash sales. The package also includes proposals on mining and staking taxation and a voluntary disclosure program for taxpayers with past crypto-reporting problems. With the congressional calendar crowded ahead of the November midterms, it remains uncertain how quickly any relief could be enacted.