Daily Observation on Cryptocurrency Policy: The U.S. House of Representatives' Dual Committees Collaborate to Push Forward Key Review of Cryptocurrency Taxation and Strategic Bitcoin Reserve Bill

Breaking the Senate Stalemate: The House Demonstrates Determination for High-Frequency, Multi-Dimensional Legislation

In recent months, there has been intense competition between the two chambers of the U.S. Congress regarding the depth and breadth of digital asset legislation.

Although the highly anticipated CLARITY Act was previously stalled in Senate procedures, the House did not fall into a wait-and-see approach. On the contrary, the core standing committees of the House adopted an agile legislative strategy of "multiple breakthroughs and separate attacks." By breaking down complex comprehensive bills into specific tax rules and financial asset allocation bills, the House is striving to seize the initiative in the global digital asset regulatory framework for the second half of 2026.

Fundraising Committee Breakthrough: Clarifying the Tax Boundaries for Crypto Asset Reporting and Circulation

Tax certainty has always been the biggest prerequisite for institutional funds and large consortiums to enter the crypto asset system.

Around 10:00 PM Eastern Time on September 16, the House Ways and Means Committee officially initiated a critical review process for a special crypto tax bill. This review aims to address long-standing historical issues that have troubled the industry and taxpayers, covering tax exemptions for micro on-chain transactions, the timing of income recognition for cross-chain staking and validation node earnings, as well as unified tax reporting standards for compliant brokers and custodians under the IRS framework. If this bill passes smoothly, it will significantly eliminate overlapping tax risks for retail consumers and institutional accounting.

Financial Services Committee Steps Up: Nick Begich's Strategic Bitcoin Reserve Bill Becomes the Focus

In response to the fundraising committee's focus on tax reform, the House Financial Services Committee simultaneously launched a high-profile review of a package of crypto financial bills.

Among the many topics, the most eye-catching is the "Strategic Bitcoin Reserve Bill" formally submitted by Congressman Nick Begich. This bill advocates for Bitcoin to be officially recognized at the federal legal level as a national strategic reserve asset, moving beyond being merely a "commodity and investment tool." It suggests that the Treasury and the Federal Reserve establish a national-level digital asset transparency repository, modeled after the management paradigm of gold reserves, and standardize the management and retention mechanisms for Bitcoin seized by federal authorities. The entry of this bill into the committee's formal review process marks a significant shift in the U.S. sovereign narrative towards Bitcoin from "containment and prevention" to "national-level absorption."

The Top-Level Design of U.S. Digital Assets Amidst Tug-of-War Between the Two Chambers

Considering the political trends in Washington in mid-September, the House's dual acceleration in tax and strategic reserve areas demonstrates a deep-seated demand from the U.S. political sphere to promote the "nationalization, mainstreaming, and institutionalization" of crypto assets. The tax bill provides precise compliance guidance for capital flow and corporate treasury, while the strategic reserve bill establishes asset status from the perspective of national sovereignty and dollar liquidity defense. Although there will still be challenges in balancing Senate reviews and bipartisan negotiations, the substantial progress at the committee level in the House has already set an irreversible policy tone for the compliance evolution of the U.S. and even the global crypto market in 2026.

Data Source: https://bbx.com/ Crypto Concept Stock Information Database, compiled based on yesterday's announcements from global listed companies and SEC/TSE disclosure documents.