Lawmakers Push to End Crypto Staking Double Taxation Before 2026.
Lawmakers urged the IRS to update crypto staking tax rules by seeking changes before 2026 to ease burdens on digital asset users;
The bipartisan letter calls for staking rewards to be taxed upon sale, not receipt, to end what they call "double taxation";
Representatives warned that current IRS rules deter blockchain participation and threaten US leadership in digital assets.