Crypto Stakers Jarretts Sue IRS Again Over Block Reward Taxes
Crypto stakers Josh and Jessica Jarrett have refiled a lawsuit against the IRS, arguing that tokens earned through staking should be taxed only upon sale, not creation. Josh Jarrett and his wife Jessica Jarrett, both Tezos network stakeholders, have once more initiated litigation against the Internal Revenue Service regarding its tax treatment of their tokens. […]
UN Backs Ripple and Stellar for Global Payments Network
The United Nations Capital Development Fund (UNCDF) has endorsed Ripple and Stellar as key players in a new global payments network. This recognition highlights their potential to revolutionize cross-border transactions and enhance financial inclusion. Ripple and Stellar have been recognized by the United Nations Capital Development Fund (UNCDF) as critical components of a forthcoming global […]
Bitnomial Sues SEC Over XRP Security Claim
Bitnomial has sued the SEC, alleging it overstepped by classifying XRP as a security. Bitnomial, a cryptocurrency exchange, has filed a lawsuit against the United States Securities and Exchange Commission and its five commissioners, alleging that the agency has “overextended its jurisdiction over digital assets” by asserting that XRP is a security. In the lawsuit […]