Court victory precedent: IRS may not tax staking rewards until sold
The couple’s case against the IRS compared unsold crypto rewards to an unsold book and will be rewarded a refund with interest for tax paid.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The couple’s case against the IRS compared unsold crypto rewards to an unsold book and will be rewarded a refund with interest for tax paid.
Why this matters
This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Grayscale Adds BitGo To Hyperliquid Staking ETF Custody Setup
TL;DR: Grayscale has added BitGo Bank & Trust as an additional custodian for a portion of the HYPE held by its Hyperliquid Staking...
A $1,000 MetaMask incident could turn Ethereum’s staking queue into a $5 billion traffic jam
MetaMask's precautionary validator exits are turning a roughly $1,000 reward diversion into a test of Ethereum's staking capacity....
Metaplanet Sold 10,000 Bitcoin, Then Bought 11,000 Back. Here’s Why
TL;DR: Metaplanet disclosed that it sold 10,000 BTC during the third quarter for roughly $790 million before buying 11,000 BTC for...
Polymarket Takes €420K Dutch Gambling Fight to Court Over Crypto Prediction Markets
Key Takeaways: Polymarket challenges a court ruling that its prediction markets are illegal gambling in the Netherlands. Dutch reg...
BitGo and HashKey Cloud expand partnership to staking, custody and RWA tokenization
The expanded partnership could accelerate institutional adoption of blockchain technologies in Asia-Pacific, enhancing market inte...
Lido brings ETH staking to US clients of BitGo Bank & Trust
The integration could accelerate institutional adoption of ETH staking in the US, enhancing market competition and Lido's market d...