Staking


Policy

Nashville Couple Sues IRS Over Tezos Staking Rewards Tax

The lawsuit could have far-reaching implications for the taxation of staking rewards in the U.S.

In the Tezos system, the equivalent of Bitcoin's miners are known as "bakers."

Markets

Cardano Staking Goes Live on Kraken Exchange

ADA staking was launched on Tuesday, the exchange said.

Cardano founder Charles Hoskinson

Markets

Solana Bucked Bitcoin Sell-Off; Upstart Blockchain Challenges Ethereum on Speed, Fees

Solana's SOL tokens have jumped 17-fold in price this year, for a market capitalization over $8 billion.

FTX CEO Sam Bankman-Fried

Finance

Celo Network Adds Deutsche Telekom as Partner; German Telco Buys ‘Significant’ CELO Position

Big companies buying bitcoin for their balance sheets is so last year.

Deutsche Telekom owns the T-Mobile brand.

Markets

UK Tax Authority Updates Treatment of Crypto Assets to Incorporate Staking

This marks the first time that HMRC has released guidance specifically describing how staking is treated for taxation purposes. It has been assumed previously that staking comes under the umbrella of mining, thus the same guidance has applied.

HMRC_Self_Assessment_tax_return

Finance

Staking as an Asset Class? This Swiss Institutional Fund Is Jumping In

Persistence is helping institutions find yield with its white-labeled staking service.

Geneva, Switzerland