Crypto Lobby Pushes Congress to Tax Staking and Mining Rewards Only at Sale

The bill is still waiting on further consideration in Congress. No vote has been scheduled. The lobbying groups have been explicit that the current legislative session matters. Dragging this into another year means another year of uncertainty for miners, stakers, and the businesses built around those activities, they said.

The coalition has also leaned into the administrative argument. Simplifying when and how these rewards get taxed does not just help taxpayers. It probably makes the IRS's job easier: fewer disputes, cleaner reporting, less ambiguity about what counts as income and when.

The U.S. competitive position keeps coming up in these conversations. The lobbying groups argue that other jurisdictions have moved faster on crypto tax clarity, and that American miners and stakers are operating at a disadvantage as a result. That argument tends to land with lawmakers who care about keeping technology investment domestic, the groups said.

The bill's proponents are pushing hard, keeping the pressure on, and insisting that the current text is the right text. No amendments, no delays – that is the ask. The coalition said the bill's current language already achieves the needed regulatory clarity, and adding amendments risks reintroducing the ambiguity and complexity they are trying to eliminate.