The Blockchain Association, representing over 100 members, sent a letter to U.S. congressional leaders calling for bipartisan digital asset tax legislation aimed at reducing compliance burdens and clarifying tax treatment for the crypto industry. The association proposed establishing a de minimis tax exemption threshold for small transactions, treating stablecoins as cash equivalents, and limiting broker reporting obligations under Form 1099-DA to intermediaries with custody or control of client assets, excluding non-custodial developers and infrastructure participants. Key recommendations include classifying mining and staking rewards as self-created property taxed upon disposal rather than at receipt, clarifying that wallet-to-wallet transfers, smart contract interactions, and cross-chain movements should not trigger taxable events when economic ownership remains unchanged, and allowing mark-to-market accounting for digital assets. The association also urged expanding staking eligibility in retirement accounts and explicitly including blockchain development within the scope of the research and development tax credit.