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American lawmakers to discuss the encryption tax policy amid three bills


The US House of Representatives legislators are scheduled to hold a hearing on the framework of the encryption tax policy as part of the payment of Republicans to consider bills on the Central Bank’s digital currencies (CBDCS), Stablecoins and the market structure.

On Wednesday’s notice, the leadership in the House of Representatives Committee on roads, means and the sub -committee for control He said They set a hearing on July 16 to focus on “the positive steps necessary to develop a tax policy framework on digital assets.” The event will come, “guaranteeing the policy of digital assets created for the twenty -first century”, where the representatives of the House of Representatives are expected to vote for three bills related to encryption.

Tax Authority, Law, Politics, Taxes, Congress
Notice of the encryption tax hearing on July 16. Source: The American House of Representatives Committee on roads and means

It was not clear at the time of publication what the witnesses would be invited to testify at the session. The US Senate Banking Committee discussed the legislation of the market structure on Wednesday, a session of the CEO of Ripple Brad Garlinghouse, CEO of Blockchain Summer Mersiner and CEO of Chainalysis Jonathan Levin.

Republican lawmakers in both the House of Representatives and the Senate presented various legislative paths to address organizational issues that affect the encryption industry and blocks.

During the discussion on the Budget Budget Budget He suggested ruling To address the double double currency mines. The draft law approved the Senate without any such amendment, and Lummis I submitted an independent draft law On digital asset taxes later.

Related to: The US TESLA and Meta draft of clarity can allow to evade SEC – Senator Warren

The House of Representatives or the Senate to address the market structure?

You will witness the payment of Republicans for the “encryption week” from the legislation that begins on Monday in the House of Representatives Discuss the genius law In order to pay Stablecoins, as well as the CBDC status law, the law of the digital assets market (clarity) of the market structure.