2023-2-13 11:38 |
Coinbase, in a recent statement made by its CEO, the firm announced that it would be defending staking services in court. This comes after the SEC recently made hints of a staking ban.
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Coinbase CEO Brian Armstrong said the exchange’s staking service does not pass any of the four criteria of the Howie Test and will “happily” defend it in court if required. The post Coinbase says its staking product does not pass the Howey Test appeared first on CryptoSlate.
2023-2-13 13:25 | |
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The U.S. Securities and Exchange Commission sued Kraken in federal court Thursday, alleging its crypto staking as a service program violated federal securities laws.
2023-2-10 23:11 | |
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KeyFi Inc.’s complaint alleges that Celsius failed to honor a multi-million dollar profit-sharing agreement after deploying numerous successful staking and DeFi strategies for the firm.
2022-7-8 06:40 | |
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According to a filing sent to the U. S. District Court for the Middle District of Tennessee, the couple, Jessica and Joshua Jarret are asking the IRS to refund taxes paid on the staking rewards claiming they are untaxable before they are sold or exchanged.
2021-5-27 19:25 | |
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The U.S. House of Representatives is set to vote on the Financial Innovation and Technology for the 21st Century Act (HR 4763), commonly referred to as FIT21, by the end of this month. According to a letter from a16z, this…
Oklahoma has passed a bill to safeguard residents' rights to self-custody digital assets, including crypto, effective Nov. 1.
Data shows that ARK 21Shares Bitcoin exchange-traded fund (ETF), also known as ARKB, recorded the highest amount of inflows after reaching a crucial level. According to data provided by Farside Investors, the US Bitcoin (BTC) ETFs registered $100.5 million in…
Elements of the Payment Stablecoin Act have the potential to be beneficial for American consumers — but critics claim other parts are “unconstitutional.” Republican Cynthia Lummis and Democrat Kirsten Gillibrand have become something of a bipartisan, pro-crypto double act in…
Two U.S. lawmakers have proposed a bill that clarifies the taxation framework for cryptocurrency staking rewards. Bipartisan lawmakers Reps. Wiley Nickel, D-N.C., and Drew Ferguson, R-Ga, introduced the Providing Tax Clarity for Digital Assets Act on May 1 to clarify…
On April 30, Judge Richard Jones sentenced Zhao to four months in prison, going against the U.S. Department of Justice (DOJ)’s recommendation for a three-year jail sentence. London-based financial services lawyer Rabya Anwar told crypto.news that the stories of Zhao…
Willy Woo, an on-chain analyst, took to X on April 29, raising concerns about the fate of retail Bitcoin investors if the world, especially the United States, plunges into a recession. Woo, referencing historical events, argues that while large Bitcoin holders, or “whales,” are likely to weather the storm since they control private keys of their coins, […]
