Senate Republican Presses IRS on Tax Treatment of Crypto Staking

Senate Republican Presses IRS on Tax Treatment of Crypto Staking



Senate Republican Presses IRS on Tax Treatment of Crypto Staking
Senator Todd Young is urging the IRS to review and reconsider earlier guidelines on the tax treatment of rewards cryptocurrency owners collect in exchange for “staking,” or locking assets on a blockchain network to aid its operation and validate transactions.


www.bloomberg.com
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