![The Providing Tax Clarity for Digital Assets Act Digital asset coins and US flag background](https://coingeek.com/wp-content/uploads/2024/05/The-Providing-Tax-Clarity-for-Digital-Assets-Act-380x188.webp)
Bill aims to provide tax clarity on staking digital currencies
Rep. Drew Ferguson (R-GA) says the U.S.’ approach to digital asset rewards is overly complex, leading to confusion, double taxation, and overseas relocation of U.S. companies.
Rep. Drew Ferguson (R-GA) says the U.S.’ approach to digital asset rewards is overly complex, leading to confusion, double taxation, and overseas relocation of U.S. companies.