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06/23 05:28

Crypto groups back bill allowing miners and staker

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Three of the largest U.S. crypto advocacy organizations have urged Congress to pass legislation that would allow digital asset miners and stakers to defer taxation on newly created tokens until those assets are sold. In a joint letter sent to the House Ways and Means Committee, the Blockchain Association, Crypto Council for Innovation and The Digital Chamber voiced support for H.R. 9175, the Tax Clarity for Mining and Staking Act, and called on lawmakers to approve the bill as introduced.

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