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House panel advances Digital Asset Tax Certainty Act

House Ways and Means Committee voted 38-5 to advance the Digital Asset Tax Certainty Act, sending it to the full House while progress stalls in the Senate.

The House Ways and Means Committee voted to advance cryptocurrency tax legislation, sending it to the House as momentum slows in the Senate on a separate bill to broadly regulate digital assets. On Wednesday, the committee voted 38-5 to advance the Digital Asset Tax Certainty Act.