SELECT LANGUAGE BELOW

IRS Calls Crypto Staking Taxable Amid Ongoing Lawsuit – Yahoo Finance

The U.S. Internal Revenue Service (IRS) has doubled down on its position that crypto staking is taxable, saying that taxes are owed immediately upon receipt of staking rewards, Bloomberg reported. This comes amid an ongoing legal battle between Joshua and Jessica Jarrett, a Tennessee couple who are staking on the Tezos network, and they believe […]

Staking may come soon for US Ether ETFs: Bernstein – Cointelegraph

U.S. Ethereum exchange-traded funds (ETFs) may soon feature staking yields, according to a Dec. 2 report from Bernstein Research. “We believe it will be crypto-friendly under the new Trump 2.0.” [Securities and Exchange Commission]ETH staking yield is likely to be approved,” Burstein said. said. Staking involves locking up Ether (ETH) as collateral using validators on […]

Why did AVAX’s Liquid Staking suddenly fall? Key insights – AMBCrypto News

Interest in liquid staking on the Avalanche network has declined over the past few days. Even as AVAX declined, activity on the network continued to grow. According to recent data, the total avalanche [AVAX] The stakes soared to over 8 million. Even though AVAX stock has surged overall, we have observed a concerning trend over […]