Digital asset advocacy groups are urging Congress to pass the Tax Clarity for Mining and Staking Act without revisions, arguing it would change how mining and staking rewards are taxed. According to NS3.AI, the bill would defer taxation on mining and staking rewards until the underlying digital assets are sold.
The groups’ request comes as the legislation remains under consideration and has not yet advanced out of the tax-focused committee. The proposal could still be amended during the committee process.
If enacted as written, the measure would shift the timing of taxation for mining and staking rewards by treating the taxable event as occurring at sale rather than at the moment the rewards are received.
Digital Asset Groups Urge Congress to Pass Tax Clarity for Mining and Staking Act Unchanged
2026-06-22 16:28:16
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