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Featured image for article: Why A 2023 IRS Rule Is Becoming A 2026 Crypto Tax Time Bomb On Capitol Hill

Why A 2023 IRS Rule Is Becoming A 2026 Crypto Tax Time Bomb On Capitol Hill

December 19, 2025Benzingageneral
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A group of Republican lawmakers is urging the Trump administration to repeal a 2023 IRS rule taxing cryptocurrency staking rewards, warning that the policy could lock in higher tax burdens for investors starting with the 2026 tax year. House Republicans Push Treasury To Act Before 2026 Nineteen House Republicans sent a letter late Thursday to Treasury Secretary Scott Bessent urging the immediate repeal of IRS guidance issued in 2023 that treats staking rewards as taxable income upon receipt.

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