On September 16, a cryptocurrency journalist reported that, despite the blockage of the CLARITY Act in the U.S. Senate, the House of Representatives is still pushing forward with several pieces of cryptocurrency-related legislation. At 10 a.m. that day, the House Ways and Means Committee reviewed and amended a bill concerning cryptocurrency taxation. The primary focus of the amendments was on the timing of tax payments for cryptocurrency miners and stakers, as well as the applicability of wash sale rules in the cryptocurrency context. Meanwhile, the Financial Services Committee initiated the review of multiple bills, including one proposing the establishment of a strategic Bitcoin reserve at the Treasury Department and the creation of a digital asset reserve repository.
