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Mar 27, 2026

US Lawmakers Introduce Draft Crypto Tax Bill Exempting Stablecoins But Not Bitcoin

Draft legislation circulating among stakeholders would create a de minimis tax exemption for dollar-pegged stablecoin transactions, but explicitly excludes Bitcoin and other cryptocurrencies, drawing criticism from Bitcoin advocates who argue the bill 'picks winners and losers.'

Mar 27, 2026·3 sources
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Top claims

  • ▪The Digital Chamber views the Parity Act as amendable legislation still open to incorporating Bitcoin-friendly provisions.
  • ▪Bitcoin influencers alleged earlier in March 2026 that Coinbase lobbied against a de minimis exemption for Bitcoin.
  • ▪The Bitcoin Policy Institute argues that Bitcoin miners face phantom income problems while stakers receive preferential tax deferral treatment under the Parity Act draft.

Topics

Bitcoin Market Maturation CycleStablecoin regulationStablecoinsCrypto lobbyingCrypto taxationPayments
Crypto regulation
Bitcoin regulation

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