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Cred sued Uphold in June over a jointly promoted crypto yield product called CredEarn.
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Cred sued Uphold in June over a jointly promoted crypto yield product called CredEarn.
Not all the experts are rushing to call the development “groundbreaking,” but it will certainly help the industry combat fraud.
There is yet to be a conclusive court ruling regarding the taxation of staked crypto rewards; however, a recent case demonstrates industry progression.
Courts are beginning to modernize the Howey Test for blockchain tech and cryptocurrencies.