“For my clients, I’m going to tell them that they should continue to declare [staking rewards] as ordinary income, it should be viewed as if it’s interest,” Foreman told CoinDesk. “That way, they don’t get caught … Were [the IRS] to catch you, they are going to rake you over the coals – and it’s not going to be a good result for the taxpayer. It’s going to be very, very bad.”
Credit: Source link
President-elect Donald Trump is considering Paul Atkins, a seasoned financial regulator and advocate for deregulation, as the next chair of...
Available exclusively viaPolymarket: A revolution in prediction markets Andjela Radmilac · 5 days ago CryptoSlate's latest report dives deep into...
Iran’s Central Bank is preparing to launch its own central bank digital currency (CBDC), called the Digital Rial, to modernize...
Crypto ownership in the UK has increased to 12% of adults, up from 10%, according to the Financial Conduct Authority’s...
The Blockchain Association, a nonprofit representing crypto and blockchain businesses in the U.S., sent a letter to president-elect Donald Trump...
This is an online news portal that aims to provide the latest crypto news and real-time updates around the world. Feel free to get in touch with us!
