Regulatory update and impact on #staking
U.S. lawmakers are pushing for the IRS to change the taxation rules on staking rewards, seeking to tax only at the sale of the assets, rather than at the time of receiving the rewards.
Proposal for a deferral of up to 5 years on the taxation of staking/mining rewards and exemption for small stablecoin transactions (below $200).
If approved, it could increase staking participation, strengthen PoS networks like ETH, SOL, ADA, and boost crypto innovation in the U.S.
Expected effects on the market:
Relief for those staking, with fewer forced sales and greater incentives to hold assets.
Expectation of increased staking volumes, optimistic sentiment for proof of stake (PoS) tokens, and potential appreciation of tokens linked to staking.
Analysis of highlighted tokens:
BNB: Showed a slight increase in the last 24 hours, with a range between 850.85 and 871.00 USDT, showing stability and low volatility.
#SUI🔥 Experienced a small appreciation, fluctuating between 1.4284 and 1.4918 USDT, with moderate movement and closing near the opening value.
#zec Recorded a significant drop, varying from 426.48 to 457.58 USDT, indicating higher volatility and selling pressure during the period.
Stay alert to regulatory changes, as they may strongly impact the staking ecosystem and related tokens.
#USCryptoStakingTaxReview #TRUMP
