U.S. House to Discuss Digital Asset Tax Policy in July 2025

The U.S. House Ways and Means Committee Oversight Subcommittee is set to convene on July 9, 2025, to explore the establishment of a modern digital asset tax policy. This hearing, titled "Making America the Global Cryptocurrency Capital," aims to position the U.S. as a leading center for cryptocurrency innovation and investment. The discussions will focus on creating a 21st-century digital asset tax policy, with Speaker Mike Johnson declaring July 14 as “Crypto Week” to emphasize the importance of digital asset policy considerations.

During "Crypto Week," the committee intends to examine key bills, including the CLARITY Act and the GENIUS Act. These legislative efforts hint at potential deregulatory outcomes for U.S. markets, which could significantly impact Bitcoin (BTC), Ethereum (ETH), and stablecoins. The legislation focuses on liquidity, custodial procedures, and investor protections, potentially attracting institutional interest and capital inflows into U.S. markets. Industries, governments, and market entities are closely following these discussions, acknowledging their potential to reshape the landscape of crypto legislation and investment.

Market responses have shown keen interest, with stakeholders anticipating the implications of these policies. This reflects a growing acceptance of crypto within the financial ecosystem. If passed, these bills could bolster market confidence and guide regulation towards a more supportive framework for crypto innovation. Historical legislative actions, such as the 2021 Infrastructure Bill, led to heightened compliance costs and volatility in Bitcoin, underlining how policy shifts can significantly sway crypto markets. Policy certainty might encourage stable growth and broader ecosystem participation.