Aligning Digital Assets with Principles of Taxation Act Legislation by Sen. Daines Analyzed
Bill Intros-Senate
Copyright © Targeted News Service, 2026
Copyright © Targeted News Service, 2026
2026-10-13
Bailey Malota
WASHINGTON, Oct. 13 -- The Aligning Digital Assets with Principles of Taxation Act, originally introduced by Sen. Steve Daines, R-Montana, on September 30, 2026, has been analyzed by the Congressional Research Service. The legislation aims to reform the tax treatment of digital assets, particularly focusing on stablecoins, to provide clearer guidance and facilitate the growing digital economy.
The bill proposes a non-recognition tax treatment for stablecoins when used for purchasing . . .
TARGETED NEWS SERVICE (founded 2004) features non-partisan 'edited journalism' news briefs and information for news organizations, public policy groups and other organizations. For more information contact MYRON STRUCK, editor, editor@targetednews.com, Springfield, Virginia; 703/304-1897; https://targetednews.com
WASHINGTON, Oct. 13 -- The Aligning Digital Assets with Principles of Taxation Act, originally introduced by Sen. Steve Daines, R-Montana, on September 30, 2026, has been analyzed by the Congressional Research Service. The legislation aims to reform the tax treatment of digital assets, particularly focusing on stablecoins, to provide clearer guidance and facilitate the growing digital economy.
The bill proposes a non-recognition tax treatment for stablecoins when used for purchasing . . .
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TARGETED NEWS SERVICE (founded 2004) features non-partisan 'edited journalism' news briefs and information for news organizations, public policy groups and other organizations. For more information contact MYRON STRUCK, editor, editor@targetednews.com, Springfield, Virginia; 703/304-1897; https://targetednews.com
