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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
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