US House Opts Out of Crypto Tax Relief for Miners

The US House has recently proposed a crypto tax package that surprisingly omits mining and staking reward deferral.

This move comes as a surprise to many in the industry, who were expecting some form of relief from the tax burden on miners and validators.

The proposed bill does, however, provide for certain exemptions and deductions related to crypto transactions, but it stops short of addressing the specific issue of reward deferral.