Regulation· ★★★★· bearish·

US tax bill would deny miners and stakers tax deferral

  • The bill removed tax deferral for miners and stakers until rewards are sold
  • Wash-sale and constructive-sale rules would extend to digital assets
  • A $10 network fee allowance is introduced, capped at 5,000 transfers per year
  • 18 attorneys general led by James urge Congress to reject the CLARITY Act
Why it matters: Miners and stakers will continue to pay tax on unsold rewards, adding pressure on their cash flow.
Source: CoinCodex