📑 #USCryptoStakingTaxReview 🔍✨
The U.S. is actively reviewing how crypto staking rewards should be taxed — a potential game-changer for long-term holders 🧠⛓️
Currently, most staking rewards are taxed as ordinary income at the time of receipt, with federal rates ranging from 10%–37%, even when tokens are locked or not sold 💸⏳
⚖️ Key points under review:
• Tax timing: earn vs sell ⏱️
• Fair treatment of illiquid / locked rewards 🔒
• Clear definitions for DeFi & on-chain staking 🧩
📉 Why this matters:
Taxing rewards before sale often forces users to sell tokens just to pay taxes 🔄
Clearer rules could improve compliance, reduce market pressure, and encourage long-term staking 🌱📈
🧠Smart tax clarity builds sustainable crypto — not short-term exits.✨
#USCryptoStakingTaxReview #CryptoTax #StakingRewards #blockchain