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Cryptocurrency Industry Unites to Defend Staking Tax Legislation in Congress
Three leading cryptocurrency trade organizations have intensified their campaign to secure passage of taxation legislation affecting blockchain mining and staking rewards. The coalition delivered a unified message to federal legislators, emphasizing the importance of approving the measure as written. They maintained that the framework would eliminate ambiguity and strengthen domestic blockchain infrastructure. The Blockchain Association, Crypto Council for Innovation, and The Digital Chamber collaborated on correspondence directed to congressional leaders. The coalition addressed their appeal to House Ways and Means ... (full story)