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Novel Lawsuit Brought Against IRS Concerning Tax Implications of Staking

According to the Coinbase website, "staking" is "the process of actively participating in transaction validation (similar to mining) on a proof-of-stake (PoS) blockchain. On these blockchains, anyone with a minimum-required balance of a specific cryptocurrency can validate transactions and earn Staking rewards."

Oct 15, 2022 by David Zaslowsky - - Blockchain.com
Finance News
Coinbase to Suspend XRP Trading on Jan 19 Following SEC Suit Against Ripple

Coinbase said it will suspend trading of XRP, the cryptocurrency the U.S. Securities and Exchange Commission sued Ripple Labs in regards to last week claiming it is really a security. Coinbase first listed XRP on its retail-facing platforms in February 2019. Starting now, XRP trading "will move into limit only," Coinbase wrote.

Dec 29, 2020 by Nikhilesh De, Zack Seward and Lawrence Lewitinn Nikhilesh De, Zack Seward and Lawrence Lewitinn - Yahoo News
Crypto News
Coinbase Will Suspend All Margin Trading Tomorrow

Coinbase Will Suspend All Margin Trading Tomorrow, Citing CFTC Guidance Crypto exchange Coinbase plans to end all margin trading effective Nov. 25, 2020, due to recent regulations by the Commodity Futures Trading Commission (CFTC). The San Francisco-based trading platform announced Tuesday that it would prevent customers from placing new margin trades beginning at 2 p.m.

Dec 02, 2020 by CoinDesk
Crypto News



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