#uscryptostakingtaxreview 📢【Progress on Cryptocurrency Staking Tax Reform in the United States】$SOL

The current tax treatment of cryptocurrency staking rewards in the United States is under review. According to existing regulations, rewards are taxed as income when received, and capital gains tax is also applied upon sale, leading to double taxation for investors.

🔍 Reform Direction

Congressional Action: 18 bipartisan lawmakers have written to the IRS, requesting a revision of the rules before 2026.

Proposal Content:

Rewards would only be taxed upon sale to avoid double taxation.

Align with the tax treatment of traditional securities.

Supporting Measures: The draft also includes tax exemptions for small stablecoin transactions (below $200) and deferred taxation on staking/mining rewards.

📈 Industry Impact

Investors: If the reform succeeds, tax treatment will be clearer, and compliance burdens will be reduced.

Cryptocurrency Industry: Helps maintain the competitiveness of the U.S. in the global cryptocurrency space, preventing capital and talent flight.

Risk Points: The reform has not yet been finalized, and current rules must still be followed in the short term.

📝 Conclusion

The U.S. cryptocurrency staking tax is at a critical review stage. Existing rules have been criticized as unfair, resulting in double taxation. If the reform is implemented, taxing rewards only upon sale will significantly improve the investor experience and promote the healthy development of the cryptocurrency industry.