US Lawmakers Aim to Fix Staking 'Double Taxation' Issues Before 2026
United States lawmakers are advocating for changes to current IRS rules regarding crypto staking, specifically addressing what they view as 'double taxation'. Led by Republican Mike Carey, the effort aims to alleviate the administrative burden and potential over-taxation of unrealized gains for crypto stakers. The lawmakers contend that the existing regulations unfairly penalize those participating in staking activities. The push to revise these rules seeks to provide clarity and fairness in the taxation of staked crypto assets before 2026, according to reports.
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