Weekly Crypto Regulation Roundup: Staking Taxes and Banking Models in Focus
US regulators are shifting from ad-hoc enforcement to structural debates on crypto integration, with staking taxation and banking access emerging as key battlegrounds. A bipartisan coalition of 18 House lawmakers is challenging the IRS's double taxation approach to staking rewards, arguing it stifles blockchain participation.
The Federal Reserve's exploration of new account models for payment firms signals growing institutional recognition of digital assets. These developments mark a pivotal moment as legacy financial systems grapple with accommodating technologies they weren't designed to handle.