Tag: staking rewards

US IRS Maintains Staking Rewards Are Taxable Income: What It Means for Cryptocurrency Investors

In a definitive ruling, the U.S. Internal Revenue Service (IRS) has reaffirmed its position that staking rewards within cryptocurrency networks are subject to taxation as ordinary income. This development carries significant implications for both individual investors and the broader cryptocurrency landscape as it establishes a crucial precedent in how digital assets are viewed in terms […]

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