Close Menu
Crypto Valley Journal
    Facebook X (Twitter) Instagram
    Crypto Valley Journal
    • Hot Topics
      • News
      • Minds
    • Focus
      • Background
      • Blockchain
      • Legal & Compliance
      • Non-Fungible Token (NFTs)
    • Investing
      • Markets
      • Financial Products
      • Decentralized Finance (DeFi)
      • Exchange overview
    • Education
      • Basics
      • Glossary
      • Politicians on crypto
    • Statistics
      • Bitcoin-ETF-Flows
      • Ethereum-ETF-Flows
      • Crypto market data
      • On-chain data
    • Academy
      • Overview
      • Part 1: Blockchain
      • Part 2: Money
      • Part 3: Bitcoin
      • Part 4: Cryptocurrencies
      • Part 5: Decentralized Finance
      • Part 6: Investing
    • English
      • Deutsch
    Crypto Valley Journal
    You are at:Home » Focus » Legal & Compliance » US Congress plans tax safe harbor for stablecoins and staking
    US Congress plans tax safe harbor for stablecoins and staking

    US Congress plans tax safe harbor for stablecoins and staking

    By Editorial Office CVJ.CH on 22. December 2025 Legal & Compliance

    In the US House of Representatives, two bipartisan lawmakers have introduced a draft for a new tax framework for cryptocurrencies. The proposal includes, among other things, tax relief for certain stablecoin transactions and a redefinition of how staking rewards are taxed.

    The draft introduces a so-called safe harbor rule for small stablecoin payments, under which transactions involving regulated, dollar-pegged stablecoins below a certain threshold would not be subject to capital gains tax. At the same time, the proposal allows for the deferral of taxation on staking and mining rewards, permitting taxable income to be assessed at a later point in time.

    Subscribe to our newsletter

    The best articles of the week, directly delivered into your mailbox.

    Safe harbor for stablecoin transactions

    At the core of the proposal is a tax exemption for regulated stablecoin payments that do not exceed a fixed threshold amount. According to Bloomberg, payments made with certain federally approved dollar stablecoins of up to around 200 US dollars would be exempt from capital gains tax. This would simplify everyday digital payments - for example for goods or services - from a tax perspective, as currently every movement of a crypto token can theoretically trigger a taxable gain or loss. This threshold is modeled on comparable tax rules in the traditional foreign exchange market.

    Safe harbor status would be subject to several conditions: the stablecoin must be issued by a regulator-approved issuer and must remain stably pegged to the US dollar over an extended period, for example under the framework of the GENIUS Act, which established a more comprehensive legal framework for stablecoins in 2025.

    Ray Dalio’s Bridgewater Associates Minds

    Star investor Ray Dalio considers Bitcoin inferior to gold

    Bitcoin overtakes gold in the US: per River's report, 49.6 million Americans own Bitcoin, while just 28.8 million still hold gold. Background

    Bitcoin overtakes gold among US investors for the first time

    Goldman Sachs pays up to USD 2.25 billion for Neos Investments and gains three options income ETFs on Bitcoin and Ethereum. Financial Products

    Goldman Sachs secures three crypto income ETFs with Neos

    What separates Dogecoin from Bitcoin is its unlimited supply, and the 2013 satire coin now trades through its own US spot ETF. Basics

    What is Dogecoin? From satire project to ETF asset

    Ray Dalio’s Bridgewater Associates Minds

    Star investor Ray Dalio considers Bitcoin inferior to gold

    Bitcoin overtakes gold in the US: per River's report, 49.6 million Americans own Bitcoin, while just 28.8 million still hold gold. Background

    Bitcoin overtakes gold among US investors for the first time

    Reclassification of the taxation of staking rewards

    Another key element of the proposal concerns the tax treatment of rewards from staking and mining. Currently, such rewards in the US are often considered taxable income at the time they are credited, even if recipients have not sold or realized them. This leads to complex calculations and liquidity constraints, as taxes become due before any sale proceeds are generated.

    The new draft proposes that taxpayers be given the option to defer taxation of such rewards until they actually gain economic control and disposal over the assets - for example upon sale or a later transaction. Some versions of the proposal provide for a deferral period of up to five years. This rule would give network validators, developers, and DeFi participants greater planning certainty.

    Context within the broader legislative framework

    The initiative comes at a time when the US Congress is increasingly working on establishing a more comprehensive regulatory framework for digital assets. A broader draft aimed at defining the market structure for cryptocurrencies - including the delineation of jurisdiction between the SEC and the CFTC - is planned for early 2026. Together with the safe harbor proposal, this could form a more coherent foundation for the everyday use of digital assets.

    While the current draft is still considered a discussion paper and has not yet been enacted into law, it is regarded as one of the most concrete examples to date of how the US Congress is seeking to reduce tax-related barriers to cryptocurrencies and integrate stable digital payment instruments into the mainstream.

    Share. Facebook Twitter LinkedIn Email Telegram WhatsApp

    About the author

    Editorial Office CVJ.CH
    • Website
    • Twitter
    • LinkedIn

    Since 2018, the editorial team at Crypto Valley Journal has been reporting from Zug - the heart of Switzerland’s Crypto Valley - on Bitcoin, cryptocurrency, blockchain, and regulatory developments in digital assets. Behind the publication’s collective editorial voice is a team of writers with backgrounds in financial markets, law, and technology.

    Related Articles

    The Tether KPMG audit ended with an unqualified opinion for the 2025 financial year and confirmed a reserve surplus of USD 6.814 billion.

    Tether completes first full audit with KPMG

    The Clarity Act vote now falls on September 15, and Republicans need seven Democratic votes to clear the Senate cloture hurdle.

    US Senate delays Clarity Act vote to September 15

    Since the MiCA transition period ended on July 1, phishing scams have impersonated ESMA or AMF and demanded crypto transfers to fake sites.

    Beware of phishing scams after MiCA deadline

    CVJ weekly review
    15. August 2026

    Weekly review: Tether finally completes a full audit

    Bitcoin's BIP editors stripped Luke Dashjr of his rights 26 hours after a motion, triggered by a conflict of interest around BIP-110.
    14. August 2026

    Bitcoin developers remove Luke Dashjr as BIP editor

    The Tether KPMG audit ended with an unqualified opinion for the 2025 financial year and confirmed a reserve surplus of USD 6.814 billion.
    14. August 2026

    Tether completes first full audit with KPMG

    twitter image button instagram image button linkedin image button youtube image button

    About Crypto Valley Journal
    About Crypto Valley Journal

    On the pulse of the movement

    • Academy
    • Contact
    • Advertising
    • About us
    • Partner
    • Imprint
    • Privacy
    • Disclaimer
    Search

    Type above and press Enter to search. Press Esc to cancel.