Deep Tide TechFlow News, June 23, according to Cointelegraph, three major crypto lobbying organizations are urging Congress to pass a bill regarding staking and mining taxes. The groups state that the bill should allow rewards to be taxed at the time of sale rather than at receipt, and should not be further amended. They have written to legislators, emphasizing that the current tax treatment imposes burdens on the industry and needs immediate adjustment.

The lobbying groups believe that passing the bill without amendments is crucial to resolving tax clarity issues. Any modifications could weaken the bill's effectiveness and impact the interests of miners and stakers. The industry is calling for the quick establishment of a clear tax policy framework to promote healthy development and compliance in the crypto sector.