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AiCoin
AiCoin|Dec 22, 2025 04:37
[18 U.S. Representatives Urge IRS to Resolve Double Taxation on Crypto Staking Before 2026] A bipartisan group of 18 members of the U.S. House of Representatives is pushing the U.S. tax authority to review cryptocurrency staking tax regulations before the start of 2026. Led by Republican Representative Mike Carey, the lawmakers sent a letter on Friday to Acting IRS Commissioner Scott Bessent, requesting a review of the burdensome crypto staking tax laws and an update to the guidance. Carey stated that the letter aims to request fair tax treatment for digital assets, and ending the double taxation of staking rewards is an important step in the right direction. The letter suggests adjusting the timing of tax collection on staking rewards to the point of asset sale, ensuring that stakers pay taxes based on their actual economic gains.
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