Are Staking Rewards Taxable? A Comprehensive Overview of Staking Rewards and Taxation in the USStaking rewards have become increasingly popular in the United States, particularly in the blockchain and cryptocurrency communities.
![normandin](/images/author.png)
Are Staking Rewards Taxable? A Comprehensive Overview of Staking Rewards and Taxation in the USStaking rewards have become increasingly popular in the United States, particularly in the blockchain and cryptocurrency communities.
Cryptocurrency staking, also known as proof-of-stake (PoS) or proof-of-work (PoW), is a mechanism used by blockchains to validate and secure transactions.