The Ultimate Source for XRP News & Insights
Understanding XRP and its benefits for donationsXRP enables lightning-fast, low-fee transactions, making it an ideal cryptocurrency for charitable giving—ensuring more of your donation goes directly to the cause, not to…
Understanding XRP transactions and tax implicationsEvery XRP trade, swap, or payment can trigger a taxable event—understanding capital gains, losses, and taxable income classifications is crucial to avoid IRS penalties and…
Understanding XRP and its classificationXRP is classified as a digital asset, and in many jurisdictions, it's treated as property—triggering taxable events when sold, traded, or used, much like stocks or…
Tax implications for gifting XRPGifting XRP isn't tax-free—while givers don’t pay income tax, they may trigger gift tax if the value exceeds IRS limits, requiring proper valuation and potential Form…