U.S. Congress appeals for a fair tax on crypto staking rewards

2020-8-6 23:01

A group of Congress members in the US have sent a letter to the Internal Revenue Service (IRS) asking for a fairer tax on staking rewards, a Coin Center letter revealed Tuesday.   However, a tax must be levied when such rewards are sold, instead of acquired, said the Congressmen. origin »

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Bitcoin Cash Proposed Miner Tax Could be a Suicidal Move

It has been suggested by BTC.Top CEO Jiang Zhuoer and a cartel of other miners, that a 12.5 percent tax be imposed on Bitcoin Cash (BCH) block rewards for development fees on the protocol. This comes with a threat of orphaned blocks for those who don’t adhere to the payment and an overarching feeling of […] The post Bitcoin Cash Proposed Miner Tax Could be a Suicidal Move appeared first on BeInCrypto.

2020-1-24 16:10