Legislation aims to align digital asset taxation with traditional securities, targeting staking and mining rewards.
A key US House committee plans to release crypto tax legislation as soon as Friday. The bills will address taxation on staking and mining rewards, seeking to standardize digital asset rules with those for traditional securities.
The move follows growing regulatory scrutiny of the crypto sector, with lawmakers pushing for clearer guidelines. Previous proposals have stalled, but recent market volatility has renewed urgency for legislative action.
No immediate market reaction was reported, though the announcement could influence crypto asset valuations pending further details.