US House Panel to Review Seven Crypto Tax Drafts Ahead of June 9 Hearing

US lawmakers are set to deepen work on cryptocurrency taxation as the House Ways and Means Committee prepares a June 9 hearing on seven draft proposals. The package would update tax treatment for areas including stablecoin payments, staking rewards, mining income, and methods for calculating gains and losses, with one draft proposing a capital-gains exemption for regulated dollar-backed stablecoin transactions under $200.