IRS: Cryptocurrency Staking is Taxable

JH Kim

According to the cryptocurrency-focused media WatcherGuru X (formerly Twitter) account on the 23rd (local time), the United States Internal Revenue Service (IRS) has stated that cryptocurrency staking is subject to taxation.

publisher img

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

hot_people_entry_banner in news detail bottom articles

hot_people_entry_banner in news detail mobile bottom articles

What did you think of the article you just read?

‌

‌

‌

‌

PiCK News

"Barometer of institutional sentiment"… Coinbase’s Q4 results flash a warning sign

"Barometer of institutional sentiment"… Coinbase’s Q4 results flash a warning sign

"US government may face a 'partial shutdown' this weekend amid immigration policy dispute…Polymarket 70%"

"US government may face a 'partial shutdown' this weekend amid immigration policy dispute…Polymarket 70%"

"Bitcoin whale accumulation hits highest level since 2024…long positions increase amid bearish conditions"

"Bitcoin whale accumulation hits highest level since 2024…long positions increase amid bearish conditions"

Han Jeong-ae, DPK policy chief: "Pushing framework act covering limits on exchange ownership stakes and a bank-led stablecoin model"

Han Jeong-ae, DPK policy chief: "Pushing framework act covering limits on exchange ownership stakes and a bank-led stablecoin model"

With the Korea Communications Standards Commission effectively idle…unregistered crypto exchanges continue operating openly

With the Korea Communications Standards Commission effectively idle…unregistered crypto exchanges continue operating openly

Trending News

‌

‌

‌

‌

‌