The US House of Representatives legislators are scheduled to hold a hearing on the framework of the encryption tax policy as part of the payment of Republicans to consider bills on the Central Bank’s digital currencies (CBDCS), Stablecoins and the market structure.
On Wednesday’s notice, the leadership in the House of Representatives Committee on roads, means and the sub -committee for control He said They set a hearing on July 16 to focus on “the positive steps necessary to develop a tax policy framework on digital assets.” The event will come, “guaranteeing the policy of digital assets created for the twenty -first century”, where the representatives of the House of Representatives are expected to vote for three bills related to encryption.
It was not clear at the time of publication what the witnesses would be invited to testify at the session. The US Senate Banking Committee discussed the legislation of the market structure on Wednesday, a session of the CEO of Ripple Brad Garlinghouse, CEO of Blockchain Summer Mersiner and CEO of Chainalysis Jonathan Levin.
Republican lawmakers in both the House of Representatives and the Senate presented various legislative paths to address organizational issues that affect the encryption industry and blocks.
During a discussion on the budget bill for US President Donald Trump, Senator Sentea Loms Wyoming proposed a ruling to address the double double workers of currency and encrypted adults. The draft law approved the Senate without any such amendment, and Lummis made an independent bill on digital asset tax a few days later.
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The House of Representatives or the Senate to address the market structure?
Republicans for the “encryption week” will be paid from the legislation that begins on Monday that legislators in the House of Representatives are discussing the genius law for payment, in addition to the CBDC and the law of digital assets (clarity).
Although the law of clarity that arose in the House of Representatives, the leadership with the Senate Banking Committee said in June that the Chamber aims to move forward in its own plans for the encryption market structure, which defines a goal in September. Two copies of the CBDC Law were presented separately in the House of Representatives and the elderly, but no bill has passed.
In contrast, the genius law is awaiting a full vote in the House of Representatives after potential amendments and discussion, after the Senate approved in June. Trump has called on legislators in the House of Representatives to pass a “clean” bill with “no additions”, indicating that he will sign it as soon as the vote.
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