U.S. House Unveils 6 Crypto Tax Bills on June 9 to Clarify Mining, Staking, and Donations

On June 9, the U.S. House Ways and Means Committee introduced six bills to establish clear tax rules for digital assets. The legislation addresses mining and staking income, charitable donations, reporting requirements, and anti-abuse measures. The six bills are: Charitable Deductions for Digital Asset Donations Act, Tax Clarity for Mining and Staking Act, Less Tax Paperwork for Digital Asset Owners Act, Providing Analogous Rules for Digital Assets Act, Digital Assets Voluntary Disclosure Program Act, and Applying Existing Tax Anti-Abuse Rules to Digital Assets Act.

White House crypto advisor Patrick Witt endorsed the package on X, writing "Clarity for market structure, Parity for tax. Great work," signaling administration support for streamlining digital asset taxation.