Unchained reported on October 23, 2026 that Blockchain Association sent congressional leaders a letter urging bipartisan digital-asset tax legislation, and the supplied flash describes the same push. The reported package includes de minimis relief for small transactions, cash-like treatment for qualifying stablecoins, and taxing mining and staking rewards when they are disposed of rather than when they are received.

What Blockchain Association is asking Congress to change

The reported request is for Congress to write crypto tax legislation that reduces small-transaction reporting burdens, gives qualifying stablecoins more cash-like treatment, and taxes mining and staking rewards when they are disposed of rather than when they are received. That directly answers the main reader question: this is a push to change how small crypto payments, stablecoin use, and newly created rewards are taxed.

Unchained described the October 23 outreach as a broader 10-principle package sent to congressional leaders, not just three isolated asks. The supplied flash also says Blockchain Association paired the letter with a website meant to help digital-asset users contact lawmakers, which frames the effort as a public lobbying campaign rather than a final legislative text.

In practical terms, the small-transaction piece aims to create a de minimis exemption so low-value crypto activity does not trigger full capital-gains calculations every time. The stablecoin piece seeks treatment closer to cash for qualifying tokens. The mining and staking piece focuses on timing, asking that rewards be taxed when they are later disposed of, not at initial receipt.

How the proposals would differ from current crypto tax treatment

These proposals would mainly change when tax has to be calculated and recognized. A de minimis rule would remove gain-and-loss tracking for covered small transactions, cash-like stablecoin treatment would reduce property-style reporting friction for qualifying uses, and disposition-based treatment would delay taxation of mining and staking rewards until sale or another disposal event.

EY Tax News described stablecoins as currently treated like other digital assets for tax purposes, with no de minimis threshold in the baseline it outlined. Under that framework, even stablecoin transactions can carry basis-tracking and gain-or-loss reporting consequences, which helps explain why the lobbying push is centered on small payments and routine usage.

A Bipartisan Policy Center extract described the current staking baseline as income recognition when a taxpayer gains dominion and control over the reward. The reported Blockchain Association proposal would shift that recognition point to disposal instead. That is a meaningful policy change because it would alter timing of taxation, not just the amount owed.

The supplied evidence does not establish the exact boundaries of any of these requests. No campaign-specific de minimis threshold, annual cap, qualifying stablecoin definition, or anti-abuse guardrail is established here.

What the current status is

Based on the supplied evidence, these proposals are not law. The October 23 push is an advocacy effort, and the available materials do not establish that the full package is enacted or contained in one inspected bill with a scheduled next step.

The supplied flash itself presents the tax changes as policy requests, and the current reporting does not provide an inspected primary letter, campaign page, or bill text for the full package. That means readers can treat the outreach as a real current lobbying development without treating it as a completed legal change.

There is some related earlier context on one part of the agenda. A supplied June 22, 2026 retrieval report said Blockchain Association was linked to an open letter supporting H.R. 9175, the Tax Clarity for Mining and Staking Act, on reward timing and treatment. But that narrower mining-and-staking context does not establish that H.R. 9175 is the vehicle for the broader October package, which also covers de minimis treatment and stablecoins.

The next meaningful development would be a published letter text, a named legislative vehicle carrying the full set of requests, or a formal congressional step such as committee action.