Senate Could Unveil Crypto Tax Bill by Fall 2026, GOP Senator Daines Says

According to Bloomberg Tax, Sen. Steve Daines of the Senate Finance Committee said the Senate could unveil a crypto tax bill by fall 2026, with a framework already drafted. Daines expressed hope that lawmakers could hold a markup on crypto tax legislation this year, marking the first formal step toward a full bill. The emerging Senate framework is "more similar than not" to what the House Ways and Means Committee has released, Daines said, suggesting the two chambers may align on tax rules covering staking rewards, mining income, and small transaction treatment.
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