#USCryptoStakingTaxReview Crypto-stakers in the USA are paying very close attention to taxes right now 👀

Currently, staking rewards are taxed as income at the moment you gain control over them – even if you don’t sell them. Later, when you sell the same tokens, capital gains tax applies again.

That’s why many in the crypto community refer to it as "double taxation" ⚠️

🔍 Why this matters:

• High tax burden for long-term stakers

• Complicated monitoring of rewards

• Volatility complicates tax calculations

🏛️ What’s changing?

Legislators 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 long-term adoption of cryptocurrency in the USA.