House members have asked Treasury Secretary Scott Bessent to overhaul an IRS staking rewards rule before 2026 rolls around.
In brief
House Republicans are pushing the IRS to scrap a 2023 rule that taxes all crypto staking rewards as income.
They argue staking rewards, which are generated by proof-of-stake networks, should only be taxed when sold off.
The IRS rule, which t… [3338 chars]
Source: Decrypt | Published: 2025-12-19T16:12:22Z
Credit: Decrypt
