Tax the Metaverse Calls Gain Momentum Following Scholarly Research
A new research paper from Harvard legal scholar Christine Kim argues that the same tax principles that apply to physical world income should extend to the metaverse. Christine Kim, a law professor at Yeshiva University,...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Christine Kim, a law professor at Yeshiva University, laid out the case for taxing the metaverse in her recent paper "Taxing the Metaverse." She contends that metaverse activities like trading virtual assets, selling digital products, and providing services meet the standard definitions of taxable income. ...
Read More: Tax the Metaverse Calls Gain Momentum Following Scholarly Research
Why this matters
This research story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
Coinbase Calls for Early Bitcoin Migration to Quantum Security
Coinbase, which safeguards 5% of all Bitcoin for clients including banks, asset managers, and hedge funds, wants the network to be...
Bitcoin Price Prediction: Strategy Chairman Calls $100K BTC
Bitcoin is trading near $83,500 after recovering from a liquidation-driven slide toward $81,000. Strategy executive chairman Micha...
Researchers Build First Working Post-Quantum Defense for Bitcoin’s Lightning Network
Bitcoin Magazine Researchers Build First Working Post-Quantum Defense for Bitcoin’s Lightning Network Whether or not quantum compu...
Ledger launches $849 phone like crypto wallet following chip implant attack
Ledger's Atom device signifies a shift towards integrated security solutions, potentially reshaping trust and innovation in crypto...
Cardano Foundation launches Research Exchange series on October 19
The Research Exchange series fosters transparency and collaboration, potentially enhancing Cardano's research impact and community...
US Becomes Bitcoin Net Importer Again, Says Chainalysis
The U.S., a global supplier of USD-pegged stablecoins, has once again “imported” more bitcoin than it “exported,” becoming a net i...