Overview

• The Finance Committee scheduled "Examining the Taxation of Digital Assets" for Oct. 1 at 10:00 a.m. ET in Room 215 of the Dirksen Senate Office Building.
• Expected witnesses include Coinbase tax vice president Lawrence Zlatkin, Coin Center policy director Jason Somensatto, AICPA task force chair Annette Nellen, and attorney Andrea S. Kramer.
• Chairman Mike Crapo framed the session as a fact-finding review of how current tax law applies to digital assets and where clarity could reduce compliance burdens.
• The hearing’s timing could slip if lawmakers miss the Sept. 30 funding deadline, which would trigger a shutdown and force a postponement.
• Issues up for discussion include de minimis exemptions for small transactions, deferring recognition of mining and staking income, eliminating double taxation, and tailoring rules in line with White House recommendations.