#USCryptoStakingTaxReview Crypto-stakers in the USA are currently paying close attention to taxes 👀

At this time, staking rewards are taxed as income at the moment you gain control over them — even if you do not sell them. Later, when you sell the same tokens, capital gains tax applies again.

This is why many in the crypto community refer to it as "double taxation" ⚠️

🔍 Why is this important:

• High tax burden for long-term stakers

• Complex monitoring of rewards

• Volatility complicates tax calculations

🏛️ What is changing?

Lawmakers are urging the IRS to reconsider the taxation rules for staking, pushing for a system where staking rewards are taxed only upon sale, not upon receipt.

📈 Impact on the market:

Clearer and fairer tax rules could encourage participation in staking and the long-term adoption of cryptocurrency in the USA.