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X @BSCN
BSCN· 2026-03-20 11:30
⚡️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 ...
X @BSCN
BSCN· 2026-03-06 17:31
🔥HUGE: THE CLARITY ACT COULD BE MASSIVE FOR $XRPThe Clarity Act passing could benefit XRP in the following ways:- Codifies it as a digital commodity under CFTC (not SEC security)- Ends regulatory uncertainty post-lawsuit win- Unlocks full institutional adoption by banks/payment firms for cross-border payments & ODL- Boosts spot ETF inflows, & drives utility demand.Analysts eye $5–$10+ surge on passage, and right now Trump is pushing heavily to get the act done. ...
X @mert | helius.dev
mert | helius.dev· 2025-06-29 16:48
RT Dan Smith (@smyyguy)“Noooo you’re so biased and corrupt”- dude who centered his entire personality around a single digital commodityVery interesting behavior ...