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JUST IN: The IRS has reaffirmed that staking rewards are taxable income upon receipt, rejecting a lawsuit from Joshua and Jessica Jarrett that sought to classify them as property taxed only upon sale.

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JUST IN: The IRS has reaffirmed that staking rewards are taxable income upon receipt, rejecting a lawsuit from Joshua and Jessica Jarrett that sought to classify them as property taxed only upon sale.

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On Feb. 27, however, he admitted from his Russian-language account that "Telegram channels are increasingly becoming a source of unverified information related to Ukrainian events." Oleksandra Matviichuk, a Kyiv-based lawyer and head of the Center for Civil Liberties, called Durov’s position "very weak," and urged concrete improvements. The Securities and Exchange Board of India (Sebi) had carried out a similar exercise in 2017 in a matter related to circulation of messages through WhatsApp. WhatsApp, a rival messaging platform, introduced some measures to counter disinformation when Covid-19 was first sweeping the world. But because group chats and the channel features are not end-to-end encrypted, Galperin said user privacy is potentially under threat.
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