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US lawmakers push to resolve the "double taxation" issue of crypto asset staking before 2026.
[U.S. lawmakers push to resolve Crypto Assets staking “double taxation” issue before 2026] A group of 18 bipartisan members of the U.S. House of Representatives is pushing for the U.S. tax authorities to review the tax regulations on Crypto Assets staking before the start of 2026. In a letter sent to IRS agent Scott Bessent on Friday, a group of lawmakers led by Republican Mike Carey requested a review and update of the “burdensome” tax regulations on crypto asset staking. Carey stated: “This letter is simply requesting fair tax treatment for digital assets, and ending the double taxation on stake rewards is an important step in the right direction.” The letter suggests that the tax collection time for stake rewards be adjusted to the time of asset sale, to ensure that “stakers declare taxes based on their actual economic gains correctly.”