The IRS is providing a safe harbor for investment and grantor trusts to stake digital assets without jeopardizing their tax status.
Revenue Procedure 2025-31 comes after the Treasury Department and IRS have received requests for guidance on staking, which is the process by which cryptocurrency holders lock up their tokens to validate transactions on the blockchain.
“This move increases investor benefits, boosts innovation, and keeps America the global leader in digital asset and blockchain technology,” Treasury Secretary and acting IRS Commissioner Scott Bessent said in a Monday social media post.
- If investment and grantor trusts meet the requirements outlined ...
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