X @BSCN

⚡️INSIGHT: $XRP'S COMMODITY STATUS UNLOCKS A TAX LOOPHOLE MOST HOLDERS DON'T KNOW ABOUTThe SEC and CFTC's joint classification of $XRP as a digital commodity quietly opened the door to commodity tax treatment, including the 60/40 rule used by futures traders for decades.Under Section 1256 of the tax code, 60% of profits on regulated futures contracts are taxed as long-term capital gains and 40% as short-term, regardless of how briefly the position was held.Spot XRP holders still fall under standard property ...