Tag: Staking Rewards

Ubuntuland to Utilize Ubuntu Tokens for Virtual Transactions

Africarare is set to launch its virtual currency, the Ubuntu Token. The token is aimed at becoming a means of payment in the virtual marketplace of the metaverse. It would provide e-commerce and charitable support, with 10% of sales going

IRS Breaks Silence: Crypto Staking Rewards Now Subject to Income Tax

The U.S. Internal Revenue Service (IRS) has laid a new rule classifying cryptocurrency staking rewards as gross income. The IRS announced its landmark decision in Revenue Ruling 2023-14 on July 31, which seeks to clarify the tax treatment of income

Tag: Staking Rewards

Ubuntuland to Utilize Ubuntu Tokens for Virtual Transactions

IRS Breaks Silence: Crypto Staking Rewards Now Subject to Income Tax

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