Digital Asset PARITY Act
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- House
- Sponsors
- 4
- Latest action
- May 19, 2026
What it does
The Digital Asset PARITY Act would amend the Internal Revenue Code to establish specific tax treatments for digital assets, including exempting gains or losses on the sale of regulated payment stablecoins under certain conditions, creating a safe harbor for trading digital assets through intermediaries, applying wash sale rules to digital assets, allowing mark-to-market elections for dealers and traders in actively traded digital assets, and treating income from validation activities (like mining or staking) as ordinary income. The bill primarily affects taxpayers who engage in transactions involving digital assets, such as stablecoins, digital asset trading, lending, and validation…
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
Where it goes next
While a bill can still move, the questions are about people and money.