Crypto Week Hits Congress – What It Means for Crypto Tax & Regulation

The U.S. House has declared the week of July 14 as “Crypto Week”, aiming to advance three major crypto bills: the Genius Act (stablecoin framework), the Clarity Act (defining SEC vs. CFTC jurisdiction), and the Anti‑CBDC Surveillance State Act (prohibiting a U.S. CBDC).

A hearing by the House Ways & Means Committee is scheduled for July 16 to explore digital asset taxation—specifically a proposal to exempt transactions under $300 and remove double-taxation on staking or airdrops.This concentrated legislative push could bring clarity and foster U.S. crypto leadership.

Do you think #USCCryptoWeek will bring long-term benefits for adopters and investors?