How outlets cover Steve Daines R · MT · SEN · Sep 30 – Oct 1, 2026
Sen. Steve Daines Introduces ADAPT Act Crypto Tax Bill
Senator Steve Daines proposed legislation to reform cryptocurrency tax rules. Coverage centers on the plan to exempt small stablecoin purchases and restrict wash sales, as well as its prospects without Democratic co-sponsors.
Lead article · Politico · CENTERDaines releases full text of crypto tax planOutlets agree Senator Steve Daines presented a proposal to overhaul federal tax rules for digital assets. The legislation would exempt certain small stablecoin transactions from capital gains taxes while extending wash-sale restrictions to cryptocurrency trades.
Center outlets focus on how the measure provides tax relief for everyday transactions while closing tax loopholes, though Politico highlights the bill's uncertain prospects due to an absence of Democratic co-sponsors.
Outlets by lean
4 RATED · 3 UNRATEDCompare by side
Center outlets emphasize proposed tax relief for small transactions alongside limits on wash sales, with Politico noting the measure currently lacks Democratic co-sponsors.
- Bitcoin Magazine · Republican Senator Releases Text Of Proposed Crypto Tax PlanNO PUBLISHED LEAN
- CryptoSlate · Senate tax bill frees stablecoin spending while Bitcoin stays on IRS formsNO PUBLISHED LEAN
- 247wallst · A Senate Bill Would Make Small Stablecoin Purchases Tax-Free and Close Crypto's Wash-Sale Loophole. What Changes for Bitcoin and XRP Holders?NO PUBLISHED LEAN
How it looks for Daines, by side
4 OF 7 ARTICLESLeft: 0 good, 0 bad, 0 mixed, 0 informational. Center: 0 good, 0 bad, 4 mixed, 0 informational. Right: 0 good, 0 bad, 0 mixed, 0 informational.
3 UNRATED ARTICLES NOT SHOWN
When each side covered it
SEP 30 – OCT 1Articles per day by side. SEP 30: Left 0, Center 3, Right 0. OCT 1: Left 0, Center 1, Right 0.
Legislation in this story
7 BILLSOnly center outlets have covered this. We’ll alert you when a left- or right-leaning outlet does.Only center outlets have covered this so far. We’ll alert you when a left- or right-leaning outlet does.