U.S. Treasury Secretary Scott Bessent announced new IRS guidance that clears the way for crypto ETFs to stake assets and distribute yields without immediate tax headaches.
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This framework aims to foster innovation by providing the clarity long sought by the industry, potentially unlocking billions in locked-up digital value.
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Bessent’s push signals a broader thaw in federal attitudes, positioning America to lead in digital assets rather than stifle their growth through outdated rules.