The Ultimate Source for XRP News & Insights
Taxable events in crypto-to-crypto tradesSwapping XRP for Bitcoin triggers a taxable event—it's treated as a sale, and any gain or loss must be reported, even if no fiat currency is…
Historical performance and market trendsXRP has weathered dramatic highs and lows—from surging during the 2017 crypto boom to plunging amid SEC litigation—reflecting its volatile but resilient presence in evolving crypto…
Understanding XRP taxation rulesXRP is taxed as property by the IRS—every sale, trade, or use can trigger capital gains, making tracking cost basis and transaction dates essential for accurate tax…
Regulatory status of XRP in AustraliaIn Australia, XRP is classified as a digital asset and falls under the regulatory oversight of the Australian Securities and Investments Commission (ASIC) and the…
Understanding XRP staking and passive incomeXRP staking allows holders to earn rewards by locking up their tokens in a network or DeFi platform. This process generates passive income, similar to…
Understanding xrp forksA fork in XRP occurs when developers modify its blockchain, creating a new version with different rules. This can lead to innovation, community splits, and competing networks.Reasons for…
Legal framework for XRP in CanadaIn Canada, XRP is classified as a digital asset and is subject to securities and financial regulations. The Canadian Securities Administrators (CSA) oversee the regulatory…
Taxation of XRP airdropsWhen you receive XRP from an airdrop, tax authorities like the IRS often classify it as taxable income. This means you may owe taxes based on the…
Historical performance of XRP and BitcoinBitcoin, the pioneer of cryptocurrencies, has experienced massive price surges and corrections since its inception in 2009. Initially valued at mere cents, Bitcoin reached an…
Understanding XRP and its role in family officesXRP offers family offices a fast, cost-efficient way to transfer wealth globally. Its decentralized nature and liquidity make it an attractive asset for…