Crypto Groups Urge House Committee to Advance Mining and Staking Tax Bill

U.S. crypto advocacy groups asked the House Ways and Means Committee on Sunday to advance the Tax Clarity for Mining and Staking Act without amendments. The bill, introduced by Representative Mike Carey, an Ohio Republican, would permit recipients of mined crypto assets or staking rewards to defer income recognition until the assets are sold.

CoinDesk reported that the Blockchain Association, the Digital Chamber and the Crypto Council for Innovation signed the letter addressed to the Republican chairman and senior Democrat on the panel. Summer Mersinger, CEO of the Blockchain Association, said the tax code should not force Americans who help secure decentralized networks to sell assets before they can reasonably monetize them simply to satisfy an immediate tax obligation.

The groups stated that the legislation does not provide unlimited deferral or full parity with all forms of self-created property.

Instead, it ensures income is recognized while avoiding immediate taxation before taxpayers can monetize the asset. A June 9 hearing of the House Ways and Means Committee discussed the measure along with other crypto tax bills. Democrats on the committee expressed concerns about how the bill would be utilized by the industry.

The Revolving Door Project argued that crypto mining firms, including American Bitcoin in which President Donald Trump's sons Eric and Donald Jr. hold a significant stake, could defer taxes indefinitely. Tax policy ranks as the crypto sector's second U.S.

Lobbying priority after the Digital Asset Market Clarity Act. The Senate is negotiating that measure with the goal of bringing it to the floor by mid-July 2026, while the current congressional session enters its final months.