The IRS and U.S. Treasury have released new guidance permitting crypto ETF trusts to stake assets on proof-of-stake blockchains, such as Ethereum, without incurring tax or regulatory risks. This development is contingent on meeting specific criteria outlined by the authorities. The safe harbor aims to foster compliance and innovation in the crypto space, potentially allowing investors to earn annual staking yields of up to 7%.
IRS Clears Path for Ethereum ETF Staking Without Tax Risks
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