The United States is moving to delay taxation of cryptocurrency earned through mining and staking until the tokens are sold.

The House Ways and Means Committee will mark up a bill on crypto taxation on the 16th, Bloomberg reported on the 14th.

Under current Internal Revenue Service rules, cryptocurrency obtained through mining must be reported as income at its fair market value at the time it is received. Staking rewards are also counted as income based on when the taxpayer gains control over the tokens.

If the House changes the guidance, the taxable moment could be pushed back to when the coins are disposed of. The income would also be classified as ordinary income rather than capital gains. Democrats oppose the…