Schwartz argues that newly minted XRP staking rewards should only be taxed when sold, not when received. He distinguishes newly minted rewards (taxed at sale) from transferred tokens (taxed when received). IRS Revenue Ruling 2023-14 taxes staking rewards when received, contradicting Schwartz’s argument. David Schwartz, Ripple’s former CTO, has reignited debate about how staking rewards … Continue reading Ripple CTO’s XRP Staking Idea Puts IRS Crypto Rules to the Test