SEC Commissioners Urge Urgent Overhaul of Crypto Custody Regulations
IRS Doubles Down on Immediate Staking Rewards Tax Stance
- Bitcoin News In 4 Seconds
- 0
- 1 minute read
The U.S. Internal Revenue Service (IRS) has reaffirmed its stance on the immediate taxability of staking rewards, doubling down on a position assumed in 2023 as part of internal guidelines. In a recent filing related to an ongoing lawsuit, the service argues that the rewards generated through staking do not constitute new property and should […]
