US House Crypto Tax Bill Leaves Mining, Staking Timing Unchanged

The US House Ways and Means Committee is set to consider a 114-page cryptocurrency tax package on Wednesday, designed to bring more structure to several areas of digital-asset taxation. The bill, H.R. 10357—the Digital Asset Tax Certainty Act—was published alongside the committee’s markup materials on Monday. While the proposal retains multiple provisions affecting mining and staking, it does not include a key feature that would have delayed taxes on new rewards until the tokens are actually sold for cash. That omission could be a practical sticking point for miners and stakers who argue that taxing rewards as soon as they are received may create liquidity problems. Key takeaways The House Ways and Means Committee will mark up H.R. 10357 (the Digital Asset Tax Certainty Act) on Wednesday, with markup text published Monday. The bill removes a proposed rewards-timing option that would have allowed deferring taxation until sale, as described in Rep. Mike Carey’s earlier staking/mining legislation. Beyond mining and staking, the package targets multiple tax mechanics, including treatment of network/transaction fee payments (up to $10) and special rules for certain stablecoins. The proposal extends wash-sale and constructive-sale style rules to crypto and creates a voluntary disclosure pathway for taxpayers seeking to remedy past digital-asset tax issues. The House effort arrives as the Senate weighs the CLARITY Act, which would reshape how federal regulators split oversight of crypto markets. What the House bill keeps—and what it drops H.R. 10357 is framed as a broad effort to reduce uncertainty in how the tax code applies to digital assets. According to the committee’s bill text, it would classify income from blockchain validator activities as ordinary income and address whether such income is sourced within or outside the United States. The package also includes provisions meant to preserve the tax status of certain investment trusts that stake qualifying digital assets. In other words, it attempts to address questions that matter not just to individuals, but also to broader investment structures. However, the legislation stops short of including a rewards-timing provision that had been part of Rep. Mike Carey’s earlier “Tax Clarity for Mining and Staking Act,” which was introduced in June. In the earlier proposal, taxpayers would have had a choice: treat newly created tokens as income when received, or instead handle them in a manner akin to self-created property—effectively triggering taxation when the tokens are sold. Without that option, the underlying tax treatment in the House package keeps mining and staking rewards taxable when received or when they come under the recipient’s control, potentially before any cash sale occurs. How H.R. 10357 handles payments, stablecoins, and ordinary crypto transactions Beyond staking and mining, the bill targets several areas that have repeatedly complicated day-to-day crypto reporting.