H.R. 10357 seeks easier crypto use while raising an additional $500 million in taxes

A US congressional proposal would adjust cryptocurrency tax and payment rules while increasing projected tax collections by $500 million, according to CryptoSlate. H.R. 10357 includes measures intended to make crypto transactions more practical by easing rules covering payments and fees. The bill would also address certain qualifying loans, although the supplied material does not provide further eligibility details. In addition, it would broaden provisions for deferring losses and modify accounting treatment for traders. The proposal therefore combines changes designed to facilitate crypto use with provisions that expand or revise how related activity is handled for tax purposes. CryptoSlate reported the bill and its estimated revenue impact on Sept. 16, 2026. The available information does not indicate whether H.R. 10357 has passed, when its provisions would take effect, or how the changes would apply to specific cryptocurrencies or market participants.