Tag: IRS

  • UK treasury seeks input on taxing DeFi staking and lending

    UK treasury seeks input on taxing DeFi staking and lending

    Quick Take Crypto Staking Before diving into any other topic let’s first discuss what staking is. It is a process in which people who own some cryptocurrencies use them to generate passive income.  One of the primary ways in which staking is done by participating in the “Proof of Stake” consensus process. Once you staked […]