US lawmakers urge IRS to revise staking tax guidance to prevent double taxation before 2026.US lawmakers urge IRS to revise staking tax guidance to prevent double taxation before 2026.

US Lawmakers Advocate Staking Tax Reform for 2026

What to Know:
  • Lawmakers push IRS to update staking tax rules.
  • Prevent double taxation on staking rewards.
  • Aims to support blockchain network security.

US Representative Mike Carey and 18 lawmakers urged the IRS to revise 2023 staking reward taxation guidance before 2026 to eliminate double taxation of cryptocurrency staking rewards.

This push could reshape US crypto tax policy, affecting millions of stakers, and may boost the national position in blockchain security and innovation.

US lawmakers led by Rep. Mike Carey urged the IRS on December 19, 2025, to amend the 2023 tax guidance on staking rewards, aiming for changes before 2026.

This legislative push addresses concerns over double taxation on staking, impacting network security and U.S. dominance in the crypto industry.

IRS Urged to Revise 2023 Staking Tax Rules

Lawmakers, with Rep. Carey leading, advised the IRS to revise its 2023 staking taxation rules before the 2026 tax year. These rules currently impose tax both upon receipt and sale of rewards.

Key figures include 18 House members alongside industry leaders. Their primary concern is double taxation, which may undermine U.S. blockchain initiatives and stifle further innovation.

Industry Leaders Demand Fair Staking Tax Policies

Industry figures assert that current tax policies burden blockchain developers. The proposed changes aim to promote equitable treatment for staking, potentially bolstering American crypto leadership globally.

Reforms are expected to reduce compliance burdens, encouraging investment in blockchain networks and enhancing American competitiveness in digital innovation sectors. Miller Whitehouse-Levine, CEO, Solana Policy Institute, said, “Mining and staking are fundamental to securing public blockchains like Solana. The U.S. tax code should encourage this critical infrastructure activity rather than impose unworkable compliance burdens on everyday Americans. We appreciate Representative Carey’s leadership in urging the IRS to heed the Trump Administration’s recommendation and act swiftly to update mining staking tax guidance. Fair taxation isn’t just good policy, it’s essential if America wants to remain the crypto capital of the world.”

2023 IRS Guidance Under Scrutiny

The current situation traces back to a 2023 IRS guidance, which taxed staking rewards similarly to traditional income, unlike newly created property such as mined gold.

Experts predict that a guidance update may bolster network security, align policy with mining taxation principles, and encourage participation from American stakers.

Disclaimer: The information on this website is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are volatile, and investing involves risk. Always do your own research and consult a financial advisor.
Piyasa Fırsatı
Talus Logosu
Talus Fiyatı(US)
$0,01165
$0,01165$0,01165
-%13,63
USD
Talus (US) Canlı Fiyat Grafiği
Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen service@support.mexc.com ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.

Ayrıca Şunları da Beğenebilirsiniz

How to avoid buying fake products on online marketplaces

How to avoid buying fake products on online marketplaces

The post How to avoid buying fake products on online marketplaces appeared on BitcoinEthereumNews.com. As more consumers prioritize convenience and value over brand loyalty, experts say they’re turning to online marketplaces more than ever to buy the things they need, raising the risk they could inadvertently purchase a fake product. While fake goods have exchanged hands in informal markets since ancient times, the growth of online marketplaces has contributed to the rise in counterfeits because of how easy online shopping and selling have become. A CNBC investigation of Walmart‘s marketplace published Friday uncovered dozens of third-party sellers who had stolen the identity of another business, and some of them were offering fake health and beauty products. After CNBC shared its reporting with Walmart, the company began tightening its vetting process for some products and sellers and said it has a “zero-tolerance policy for prohibited or noncompliant products.” Serene Lee | SOPA Images | Lightrocket | Getty Images Between 2020 and 2024, e-commerce as a percentage of overall U.S. retail sales reached record highs, and goods seized for intellectual property violations more than doubled during that general time period, according to U.S. Customs and Border Protection. When shopping on online marketplaces, consumers need to be “very careful” to avoid inadvertently purchasing fakes, said Megan Carpenter, the dean and professor of intellectual property law at the University of New Hampshire’s Franklin Pierce School of Law. “You’re purchasing from sellers, distributors, manufacturers that are all over the world with the push of a button,” said Carpenter, who previously practiced intellectual property law. “Sometimes you hear the phrase, ‘buy cheap, buy twice,’ but there are also big safety and danger issues” that come from purchasing fakes online, she said.  Counterfeit products have been endemic to third-party marketplaces for as long as they have existed, but it is difficult to quantify just how common they are. While longtime marketplace…
Paylaş
BitcoinEthereumNews2025/09/19 18:34
Uniswap Fee Switch Set to Take Effect Before New Year

Uniswap Fee Switch Set to Take Effect Before New Year

The post Uniswap Fee Switch Set to Take Effect Before New Year appeared on BitcoinEthereumNews.com. The highly anticipated Uniswap protocol fee switch, dubbed “
Paylaş
BitcoinEthereumNews2025/12/22 20:11
Ethereum Name Service price prediction 2025-2031: Is ENS a good investment?

Ethereum Name Service price prediction 2025-2031: Is ENS a good investment?

Key takeaways: The Ethereum Name Service is a network that enables crypto enthusiasts to rename their cryptocurrency addresses into something simpler, making them easier to remember. Renaming crypto addresses through ENS will enable users to recollect and write them quickly. Even though Ethereum Name Service is based on the Ethereum blockchain, it uses its cryptocurrency, […]
Paylaş
Cryptopolitan2025/09/18 01:38