US Internal Revenue Service: Digital asset staking is tax-free, personally announced by Besant, the most important policy signal for PoS asset staking. The Internal Revenue Service (IRS) has officially released an 18 page guidance document (Revenue Procedure 2025-31), establishing a critical "Safe Harbor" for exchange traded products (ETPs) participating in digital asset staking. Treasury Secretary Scott Besant rarely personally endorsed the guidelines on X, stating that it "opens up a clear path for ETP to pledge digital assets and share pledge rewards with retail investors," which is indeed rare. Bill Hughes, Senior Advisor at Consensys, posted this tweet at https://(x.com)/Bill Hughes DC/status/187973410576867608? S=20 believes that this long-awaited guide will transform staking from a "compliance risk" to a "tax recognized, institutional feasible activity" and accelerate the mainstream adoption of PoS (Proof of Stake) blockchain. This is not just a tax document. It marks the concerted effort of the US regulatory system - from the SEC to the Treasury Department and then to the IRS - to officially incorporate the "interest bearing" attribute (i.e. staking income) of cryptocurrency assets into the compliance framework of traditional finance (ETP). The door to an "institutionalized staking economy" with a potential scale of hundreds of billions of dollars is now open. This guidance does not declare that staking rewards are completely tax-free. It confirms that digital assets (including assets involved in staking) are still considered taxable property, and staking rewards (such as newly minted tokens or fees) should generally be included in income under general tax rules (e.g. as ordinary income or capital gains). But for trusts that meet the safe harbor conditions, staking will not result in the trust being reclassified as a taxable entity (such as a company), thereby avoiding additional tax complexity. The previous 23 year IRS Revenue Ruling of 2023-14 required staking rewards to be included in gross revenue in the year they were received, which caused industry uncertainty The significance of this guide lies in: 1. In the past, the tax treatment for staking was unclear, and many investors were concerned that staking would trigger immediate taxation or change asset holding structures, leading to unexpected tax burdens. This document provides a clear framework to help trusts avoid the classification of "business entities" and simplify the tax reporting process. This is particularly important for institutional investors, such as pension funds, as it can reduce compliance costs. 2. Opening up a new path for ETP staking profits: ETPs (such as Spot Ethereum ETF) have previously struggled to stak due to tax and regulatory concerns, making it impossible to profit from online rewards. This guidance echoes the SEC's statement on May 29, 2025, allowing ETP to "safely" stake, which is expected to increase product returns (stake annualized returns can reach 3-5%). This may attract more traditional investors to enter the cryptocurrency market, driving the growth of ETP asset management scale (AUM). 3. May foreshadow looser rules for individual staking or DeFi in the future, stimulating the development of the US crypto ecosystem. The Ministry of Finance and the IRS are accelerating the modernization of digital asset taxation through the 2025-2026 Priority Guidance Plan. The 'institutional year' of PoS assets begins: The IRS' 'safe harbor' guide, although formally just a tax procedural document, essentially removes the last and most critical structural barrier for institutional capital to enter the PoS (Proof of Stake) ecosystem. This article is sponsored by the meme trading tool http://(xxyy. io) | Fast trading, versatile features, and can be used to monitor on chain wallets @useXXYYio