House plan seeks tax safe harbor for stablecoins, crypto staking

House plan seeks tax safe harbor for stablecoins, crypto staking

A bipartisan House duo is drawing up a cryptocurrency tax framework that would provide a safe harbor for some stablecoin transactions and delay taxation of rewards earned by verifying blockchain transactions.

US Push to Fix Staking Tax Rules Could Reshape Crypto Investor Taxes

Crypto staking has moved from a niche activity to a core income strategy for millions of investors. Yet US tax law still treats staking rewards with outdated logic. This gap has created confusion, frustration, and growing compliance risks across the crypto ecosystem. Lawmakers now see the issue as impossible to ignore. US Representative Mike Carey and a bipartisan group of lawmakers are pushing to fix staking tax rules before 2026. Their goal fo…

Digital Asset PARITY Act Signals Momentum Shift With Clearer IRS Rules for Traders, Miners, and Stakers

A bipartisan bill in Congress is accelerating efforts to modernize crypto taxation, signaling a turning point as lawmakers move to align digital assets with traditional markets while easing compliance pressure on traders, investors, and users. Bipartisan Bill Pushes Crypto Tax Parity With Traditional Markets A bipartisan effort in Congress is advancing a framework to modernize […]

Stablecoins Get A Break? US Lawmakers Propose Tax Relief - Invest In Crypto News

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Lawmakers in the US have put forward a discussion draft that would ease tax reporting for small stablecoin payments and let some crypto earners delay taxes on staking and mining rewards. According to reports, the plan was circulated by Representatives Max Miller (R-Ohio) and Steven Horsford (D-Nev.). The proposal aims to clear up rules that many s…

Lawmakers Debut Plan to Update Tax Code for Stablecoin Payments

American lawmakers are developing a cryptocurrency tax framework that would cover stablecoin payments. The draft legislation, released Saturday (Dec. 20) by U.S. Rep. Max Miller, R-Ohio, and U.S. Rep. Steven Horsford, D-Nev., is designed to update the tax code for digital assets. “America’s tax code has failed to keep pace with modern financial technology,” Miller said in a news release.  “This bipartisan legislation brings clarity, pa…

Lawmakers Propose Tax Breaks for Small Stablecoin Payments

Today in crypto: United States legislators are proposing a tax exemption for stablecoin payments of as much as $200, crypto market individuals aren’t afraid enough yet to call a market bottom. On the other hand, Bitcoin maximalist and expert alerts financiers not to offer BTC for gold. United States legislators propose tax break for little stablecoin payments, staking benefits United States legislators have actually presented a conversation draf…