Lummis: crypto tax bill and bitcoin reserve advance in Congress
- —The Ways and Means Committee is preparing a new crypto taxation bill
- —Lummis's strategic bitcoin reserve bill is under review by Financial Services
- —Lummis said progress is being made in shaping US crypto policy
Why it matters: Clarifying tax rules and creating a BTC reserve could accelerate institutional inflows into the US crypto market.
Source: Coinfomania