AsifSaroor

#USCryptoStakingTaxReview 🇺🇸 Crypto stakers in the U.S. are watching taxes very closely right now 👀 Currently, staking rewards are taxed as income the moment you gain control of them — even if you don’t sell. Later, when you sell those same tokens, capital gains tax applies again. That’s why many in the crypto community are calling this “double taxation” ⚠️ 🔍 Why it matters: • High tax burden for long-term stakers • Complex tracking of rewards • Volatility makes tax calculation difficult 🏛️ What’s changing? Lawmakers are urging the IRS to review staking tax rules, pushing for a system where staking rewards are taxed only when sold, not when received. 📈 Market Impact: Clearer and fairer tax rules could boost staking participation and long-term crypto adoption in the U.S.