Great progress in the Senate today on sensible tax treatment for regulated digital dollars. Senator @SteveDaines' ADAPT Act follows the House Ways and Means Committee's bipartisan Digital Asset Tax Certainty Act, advanced earlier this month. These bills would ensure tax and accounting rules treat GENIUS-compliant stablecoins like the cash they represent. Getting this right unlocks real commerce on blockchain-based payment rails.

https://www.daines.senate.gov/wp-content/uploads/2026/09/Aligning-Digital-Assets-with-Principles-of-Taxation_SxS_One_Pager-FINAL.pdf