Cosmos chains impose an unbonding period (often 21 days) before staked tokens can move, and IBC lets tokens move between Cosmos chains.
Rewards on Cosmos chains are claimable continuously and are income when claimed or claimable. Unbonding is a transfer of your own tokens; nothing is taxed when the period ends. IBC transfers of the same asset between chains are transfers, though a token that arrives as a different denomination should be documented.
No. It moves your own tokens from staked to liquid. Income arises on rewards; disposals arise on swaps.
Source: Rev. Rul. 2023-14; IRS Notice 2014-21
Last reviewed September 18, 2026. Tax rules change; confirm current law before acting.
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