Crypto lobby groups urge Congress to pass the Tax Clarity for Mining and Staking Act unchanged, allowing staking rewards to be taxed only when sold
The Block •
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Promote with Leviathan NewsIRS Rev. Rul. 2023-14 made PoS rewards taxable at dominion and control, so validators and exchange staking desks have been carrying tax risk before any actual exit. Sale-only treatment would cut forced selling from Lido/Coinbase/Rocket Pool-style reward flows and make compounding cleaner, but it also gives inflation-heavy chains a cleaner path to defer tax until emissions are dumped. Good for ETH’s validator economics; less obviously clean for protocols that call dilution “yield.”
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