CoinOtag
December 19, 2025 4:15 PM UTC

Republican House Members Urge Repeal of IRS Ethereum Staking Rewards Tax Rule Before 2026

The IRS staking rewards rule taxes crypto staking income immediately upon receipt, but Republican House members are urging Treasury Secretary Scott Bessent to repeal this 2023 regulation before the 2026 tax year to treat rewards as capital property taxed only upon sale, fostering U.S. crypto innovation. Republican lawmakers sent a letter to Treasury Secretary Scott [...]

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