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BELIZE CITY, Belize, May 22, 2026 /PRNewswire/ -- BC.GAME has released an updated version of its $BC white paper, providing further details on the role of $BC as the platform's native token, as well as its utility, BC Engine integration and burn mechanism. Th…
BELIZE CITY, Belize, May 22, 2026 /PRNewswire/ -- BC.GAME has released an updated version of its $BC white paper, providing further details on the role of $BC as the platform's native token, as well … [+2399 chars]
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The IRS currently treats staking rewards as taxable income at the time they are received, regardless of whether the tokens are sold or exchanged for currency.
This term refers to the tax burden placed on staking rewards that exist only as paper gains, requiring users to pay taxes on assets before they have been realized through a sale.
The bill aims to overhaul the tax treatment of staking rewards, introduce de minimis exemptions for small stablecoin transactions, and align digital asset rules with those governing traditional financial instruments.