Bill creates tax breaks for crypto traders and validators.

What it does

The bill sets up new tax rules for digital assets like cryptocurrencies. It lets traders avoid capital gains tax on stablecoins if losses stay below 1%. Validators who stake digital assets can delay paying taxes on new coins they create. The bill also makes it easier to donate digital assets to charities. A study would look at tax relief for small crypto trades. The study is not binding.

Who it affects

Crypto traders, validators, and digital asset platforms gain major tax breaks. Ordinary people and stock investors do not get these same breaks. The general public pays the cost through lost tax money.

One thing to notice

Crypto traders and validators get tax treatment that stock traders cannot get. Most stablecoin trades would face almost no capital gains tax.

From the analysis of the bill text, linked under Primary records below.

Where it stands

3 cosponsors: 2 Democrats, 1 Republicans.

• May 19, 2026 — Introduced · Congress.gov: “Introduced in House”
• May 19, 2026 — Referred to House Committee on Ways and Means · Congress.gov: “Referred to the House Committee on Ways and Means”

Dates and quoted wording are Congress.gov's action record; the timeline shows status changes, not every procedural step.

Money around this bill

10 groups reported lobbying about this bill. They filed 10 reports from Jun 2026 to Jun 2026.

Those reports show $6,750,000 in lobbying spending. Each report lists about 13 bills. So that money was not all for this bill.

More groups named this bill than 91% of bills with any report.

Max Miller, who sponsored the bill, received $728,249 from PACs for the 2026 election.

• Securities Industry and Financial Markets Association — $1,930,000 in 1 report
• Aicpa Association of International Certified Professional Accountants — $1,550,000 in 1 report
• Investment Company Institute — $1,190,000 in 1 report
• Fmr LLC — $660,000 in 1 report
• Solana Policy Institute — $610,000 in 1 report

Lobbying is legal. These reports show who lobbied about this bill, not what changed.

Words to know

• digital assets — Cryptocurrencies and blockchain-based tokens that exist only online.
• stablecoins — Digital assets designed to keep a steady value, often tied to dollars.
• capital gains tax — Tax owed when someone sells an asset for more than they paid.
• validators — People or companies that verify transactions and create new coins.
• lobbying — Trying to influence lawmakers about a bill. Companies and groups pay people to do this.
• PACs — Groups that collect money and give it to candidates for office.