Two major crypto bills advance in House committees despite Senate setback

The U.S. House of Representatives has seen progress on two significant cryptocurrency bills, as reported by @coinbureau. The Digital Asset Tax Certainty Act and the American Reserve Modernization Act of 2026 have advanced through House committees. The tax-related bill, which aims to clarify federal tax rules for digital assets, received strong support with a 38–5 vote in the House Ways and Means Committee. Meanwhile, the bill proposing the establishment of a Strategic Bitcoin Reserve was marked up by the House Financial Services Committee. These developments come amid the stalling of the broader CLARITY Act in the Senate, highlighting a split in federal crypto legislation progress. Market sentiment suggests potential optimism in the crypto sector following the advancement of these bills, despite their being reported by a Tier 3 source. The possibility of increased clarity and legislative support for digital assets appears to resonate with market participants, possibly affecting Bitcoin’s future price predictions. The advancement may indicate a shift towards more structured and supportive legislative frameworks for cryptocurrencies in the U.S. Key Takeaways The advancement of the Di...