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Crypto Trade Groups Push Congress To Advance H.R. 9175 Staking and Mining Tax Bill Without Changes

Regulation & Policy

2026-06-24 13:27:45

According to public records, crypto trade groups are urging Congress to advance H.R. 9175, the Tax Clarity for Mining and Staking Act, without modifications. The bill clarifies when mined and staked digital assets are taxed, a critical issue for proof-of-stake validators and proof-of-work miners. Banking interests have pushed back against the measure, arguing that deferred taxation could give crypto yield products an unfair advantage over traditional interest and dividend products. The debate centers on whether newly created network rewards should be taxed immediately upon receipt or deferred until sale.

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