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The United States opens the door for ETF funds and trust funds in the cryptocurrency sector to earn staking yields
The Internal Revenue Service (IRS), the agency responsible for tax collection and part of the U.S. Department of the Treasury, has issued new guidelines for Exchange-Traded Products (ETPs) related to cryptocurrencies, including a new provision allowing trust funds to participate in staking and earn its yields within a legally secure framework.
Treasury Secretary Scott Bissent stated on X platform on Monday that the two agencies issued new guidance granting ETF products a “clear pa
The Internal Revenue Service (IRS), the agency responsible for tax collection and part of the U.S. Department of the Treasury, has issued new guidelines for Exchange-Traded Products (ETPs) related to cryptocurrencies, including a new provision allowing trust funds to participate in staking and earn its yields within a legally secure framework.
Treasury Secretary Scott Bissent stated on X platform on Monday that the two agencies issued new guidance granting ETF products a “clear pa
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