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Bipartisan US Lawmakers Push to End Double Taxation on Crypto Staking
A bipartisan group of 18 US House lawmakers is urging the Internal Revenue Service to review crypto staking tax rules before 2026. Lawmakers argue that current rules impose a double tax on staking rewards, creating administrative burdens and potentially over-taxing investors. The push aims to allow taxpayers to be taxed only upon sale, aligning tax obligations with actual economic gains from digital assets. The lawmakers emphasized that fair treatment is critical to support continued participation in staking networks. Lawmakers Request Review of Staking Tax Rules: Republican Mike Carey leads the group asking the IRS ... (full story)