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Bloomberg: U.S. House Draft Proposes Tax Safe Harbor for Stablecoins and Crypto Staking

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Bloomberg reported on Dec. 22 that U.S. House members are drafting a crypto tax framework. The proposal includes a safe harbor for stablecoin transactions and delayed taxation on staking rewards. Rep. Max Miller (R-OH) and Rep. Steven Horsford (D-NV) co-authored the draft, which aims to align crypto tax rules with traditional securities. The plan could affect how staking income is treated under U.S. tax law.
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