No precedent: IRS court docket settlement would not make clear crypto staking taxes

In Might 2021, a Nashville couple often known as the Jarretts filed a lawsuit towards the US Inside Income Service (IRS) over taxes they’d paid on unclaimed and unsold Tezos (XTZ) staking rewards. Originally of …

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Key policy issues for crypto mining in America include Fossils, Renewables and PoW vs. PoS.

On Jan. 27, a group of eight U.S. lawmakers, led by Senator Elizabeth Warren, sent letters to the world’s six largest Bitcoin mining companies, demanding to reveal the detailed data on their electricity consumption. This …

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Brian Brooks (an ex-pro-crypto CoC member) will give evidence before the House about the energy impacts of mining

U.S. Congress will examine cryptomining’s energy consumption. Thursday’s hearing list will feature more blockchain supporters than critics. The House Energy and Commerce Oversight Subcommittee announced a hearing on “Cleaning Up Cryptocurrency: The Energy Impacts of …

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