Thank you @SteveDaines, @SenLummis, @berniemoreno and @SenatorTimScott for introducing the ADAPT Act. We look forward to working with Congress on tax rules that support everyday use of digital assets and advance U.S. innovation.
Digital assets have moved into the mainstream, but the tax code hasn’t kept up. My bill would create clearer rules for stablecoins, network fees, staking and lending—while extending familiar tax rules like wash sales and constructive sales to digital assets.