U.S. Senate Could Release Dedicated Crypto Tax Legislation by Fall 2026

The U.S. Senate is expected to release dedicated crypto tax legislation as early as fall 2026, according to lawmakers including Senator Mike Crapo and Senator Cynthia Lummis. The Senate Finance Committee will lead the effort, building on a digital asset taxation hearing held in October 2025. The anticipated bill could address de minimis exemptions for small payments, wash-sale rules, staking income timing, token lending, stablecoin transactions and reporting requirements.
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