US House Ways and Means Committee to Hold Closed-Door Meeting on Crypto Taxes

Source

Suehyeon Lee

Summary

The U.S. House Ways and Means Committee will hold a closed-door meeting on May 14 focused on cryptocurrency taxation.
The meeting is set to cover key policy issues including the tax framework, tax standards, reporting systems and regulatory consistency.
On the same day, the Senate Banking Committee is scheduled to hold a markup on the crypto market structure bill, the Clarity Act (H.R. 3633).

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The US House Ways and Means Committee will hold a closed-door meeting on cryptocurrency taxation.

Cointelegraph reported on May 11 that the bipartisan session is scheduled for May 14 and will be limited to lawmakers.

The meeting is set to cover key policy directions for the digital-asset tax framework, including tax standards, reporting systems and regulatory consistency.

On the same day, the Senate Banking Committee is scheduled to mark up the Clarity Act, H.R. 3633, a crypto market structure bill.