IRS Reaffirms Staking Rewards Are Taxable, Says They Are Not New Property

The US Internal Revenue Service (IRS) has reiterated its stance that staking rewards are taxable income upon receipt, rejecting claims that they should be treated as new property and taxed only upon sale. The clarification comes amidst a legal challenge from Joshua and Jessica Jarrett, who argue that staking rewards should not be taxed until … Read more

W Chain Soft Launches Layer 1 Mainnet

W Chain leverages a hybrid blockchain model, combining public and private networks to create a flexible, secure, and efficient global payment system tailored for businesses and individuals. The soft launch limits validator integration to a select group, ensuring system stability and the ability to address challenges without overwhelming the network. W Chain, a hybrid blockchain … Read more

EU Crypto Policy: What To Expect In 2025?

What Does the Future of Crypto in Europe Look Like? EU crypto policy predictions expected the introduction of MiCa in 2025 and more. The European Union is expected to transform its financial environment in 2025 with the full implementation of the Markets in Crypto-Assets (MiCA) regulation and the Digital Operational Resilience Act (DORA). By addressing … Read more

Argentina Freezes $3.5 Million in USDT Linked to Rainbowex Amid Massive Seizure Operation

The Argentine justice system has ordered Tether, the issuer of the USDT stablecoin, to freeze over $3.5 million linked to Rainbowex, an alleged mega pyramid operation that is currently under investigation. The request comes after the execution of 22 search warrants and the detention of 10 individuals connected with these operations. Argentine Authorities Hit Rainboex … Read more

XRP Rivals Stellar and RCO Finance Could Dominate Top Performing Coins of 2025

The cryptocurrency market is known for its fierce competition, and as 2025 approaches, a select few projects are emerging as strong contenders for dominance. While XRP continues to innovate with cross-border payments, Stellar (XLM) and RCO Finance (RCOF) are making waves with groundbreaking technologies and features.  Here’s why Stellar and RCO Finance could outperform XRP … Read more