US House Crypto Tax Bill Leaves Mining and Staking Reward Timing Unchanged

A 114-page cryptocurrency tax package from the US House would revise the treatment of several digital-asset activities but does not include a deferral mechanism for mining or staking rewards. Under the proposal, the timing of taxes on those rewards would remain governed by existing rules. The bill would also address crypto transaction fees, stablecoins and lending, according to Cointelegraph. The measure therefore introduces changes in selected areas of digital-asset taxation while leaving the treatment of mining and staking income unchanged. The package is relevant to crypto markets because its provisions could affect how certain activities are handled for tax purposes if enacted. Assets tracked in connection with the report include BILL, OMI, STABLE and WOULD.