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Monday, February 2, 2026
New Network marketing business: Understanding the Markethive Ecosystem and its Fou...
New Network marketing business: Understanding the Markethive Ecosystem and its Fou...: Markethive is more than an online platform; it is a transformative movement that empowers entrepreneurs and addresses the problems of ...
Friday, January 23, 2026
Ripple Breaks Into Legacy Banking Systems Through DXC’s $5T Core Platfo
Global banking modernization continues to accelerate as institutions evaluate enterprise blockchain adoption. DXC Technology (NYSE: DXC), an enterprise technology and innovation partner, announced a strategic partnership with Ripple on Jan. 21, 2026, focused on expanding digital asset custody and payment capabilities for regulated financial institutions.
The collaboration brings Ripple’s blockchain-based custody and payments tooling into DXC’s Hogan core banking environment. The announcement notes:
“DXC integrates Ripple’s institutional-grade blockchain technology into its Hogan core banking platform, which supports $5 trillion in deposits and 300 million accounts globally.”
Global Head and General Manager of Financial Services Sandeep Bhanote stated: “For digital assets to move into the financial mainstream, institutions need secure custody and seamless payment capabilities.” He described the partnership as a way for banks to engage with digital assets while maintaining existing operational frameworks, linking traditional accounts, wallets, and decentralized platforms without altering mission-critical systems.
Read more: Ripple Highlights Bullish Case for Regulated Stablecoins
As banks and fintechs face pressure to modernize amid evolving customer and regulatory expectations, the partnership aims to move institutions beyond limited pilot programs and into live production environments. Vice President and Managing Director for North America Joanie Xie explained that embedding digital asset custody, RLUSD, and payment functionality directly into core banking platforms supports secure and compliant deployment at enterprise scale.
The collaboration also aligns with Ripple Payments, a licensed cross-border payment solution, and Ripple Custody, which supports the management of digital assets, stablecoins, and real world assets. Together, DXC and Ripple position their combined offering as a bridge between legacy financial infrastructure and onchain finance, enabling banks to adopt crypto-related services while preserving stability, compliance, and operational continuity as digital assets gain traction across global markets.
FAQ ⏰
- What does the DXC and Ripple partnership enable for banks?
It allows banks to deploy digital asset custody and payments directly within the Hogan core banking platform. - How many accounts does DXC’s Hogan platform support globally?
Hogan powers more than 300 million deposit accounts and over $5 trillion in deposits worldwide. - Which Ripple products are integrated into DXC’s core banking systems?
The integration includes Ripple Custody, Ripple Payments, RLUSD, and blockchain-based payment tooling. - Why is this partnership significant for regulated financial institutions?
It enables compliant, enterprise-scale adoption of digital assets without changing mission-critical banking systems.
Image Credits: Shutterstock, Pixabay, Wiki Commons
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MARKETHIVE: A Leader In Customer and Lead Acquisition with a Unique Concept: MARKETHIVE: A Leader In Customer and Lead Acquisition with a Unique Concept ...
Wednesday, January 21, 2026
Ultimate Guide to Crypto Taxes in the US 2026: How to Pay Taxes on Cryptocurrency
In the dynamic landscape of digital assets, mastering crypto taxes in the US 2026 is vital for investors, traders, and enthusiasts. As cryptocurrency continues to integrate into mainstream finance, the IRS has ramped up enforcement, treating crypto as property for tax purposes. Whether you're holding Bitcoin, trading Ethereum, or earning from DeFi protocols, understanding how to pay taxes on cryptocurrency in the US can prevent costly penalties and optimize your returns. This in-depth guide explores the technical and financial intricacies of cryptocurrency taxation in the US, including taxable events, calculation strategies, reporting forms, and cutting-edge tools. With new broker reporting rules via Form 1099-DA kicking in for 2025 transactions (filed in 2026), compliance is more critical than ever.Why Crypto Taxes Matter in the US: A Tech and Finance LensCryptocurrency leverages blockchain technology for secure, decentralized transactions, enabling innovations like smart contracts on Ethereum and NFTs on platforms like Solana. From a monetary perspective, crypto taxes in the US directly affect your portfolio's profitability—gains are taxable, but losses can offset other income, improving your financial position. The IRS classifies crypto as property under Notice 2014-21, meaning disposals trigger capital gains taxes.In 2026, non-compliance can result in audits, penalties up to 75% for fraud, or even criminal charges. Technologically, blockchain's transparency aids IRS tracking via tools like Chainalysis, but wallet privacy and cross-chain activities complicate record-keeping. Financially, strategic crypto tax planning in the US—such as tax-loss harvesting—can reduce your effective tax rate, freeing up capital for reinvestment.Key 2026 insights: Over 50 million Americans own crypto, per surveys, and the Infrastructure Investment and Jobs Act mandates broker reporting starting with 2025 sales, enhancing IRS oversight.Taxable Events: When Do You Owe Crypto Taxes in the US?The IRS taxes "dispositions" of crypto, where value is realized. Identifying taxable events in cryptocurrency is essential for accurate reporting.Taxable Crypto Transactions
- Selling Crypto for Fiat: Converting BTC to USD on exchanges like Coinbase realizes capital gains based on the difference between sale price and cost basis.
- Crypto-to-Crypto Trades: Swapping altcoins (e.g., ETH for USDT on Uniswap) is taxable, using fair market value (FMV) at the trade time.
- Using Crypto for Purchases: Spending crypto via payment processors like BitPay triggers taxes on appreciation.
- Mining and Staking Rewards: Income from proof-of-work (PoW) mining or proof-of-stake (PoS) staking is ordinary income at FMV upon receipt, plus self-employment taxes if it's a business.
- DeFi Yields and Airdrops: Earnings from yield farming on Aave or free airdrops are taxable as ordinary income when controllable.
- NFT Sales and Royalties: Disposing of NFTs or receiving creator royalties incurs capital gains or ordinary income taxes, with blockchain metadata aiding valuation.
- Buying Crypto with Fiat: Acquiring with USD isn't taxable—it's establishing a cost basis.
- Holding (HODLing): Storing in hardware wallets like Trezor doesn't trigger taxes until sale.
- Wallet Transfers: Self-transfers between wallets (e.g., exchange to personal) are non-taxable.
- Gifting Crypto: Gifts under $18,000 (2025 annual exclusion) are exempt, but large gifts may require Form 709.
- Establish Cost Basis: Include purchase price plus fees (e.g., gas fees on Ethereum) in USD, using historical rates from APIs like CoinGecko.
- Determine FMV: Use USD value at the exact time of disposition from reputable sources.
- Compute Gains/Losses: Gain = FMV - Adjusted cost basis. Short-term (<1 year) taxed at ordinary rates; long-term (>1 year) at preferential rates.
- Offset and Carry Forward: Losses offset gains; excess can offset up to $3,000 of ordinary income, with unlimited carryforward.
- Wash Sale Rule: Doesn't apply to crypto, allowing immediate repurchases after losses.
- Like-Kind Exchanges: No longer valid post-2017 TCJA.
- Donations: Donate appreciated crypto to charities for FMV deductions without realizing gains.
- Short-Term Capital Gains: Taxed as ordinary income (10-37% based on brackets).
- Long-Term Capital Gains: 0%, 15%, or 20% depending on income (e.g., 0% for singles under $47,025).
- Net Investment Income Tax (NIIT): 3.8% on gains if MAGI exceeds $200,000 (single).
- Self-Employment Tax: Up to 15.3% on mining/staking if considered a trade.
- State Taxes: Vary; e.g., California taxes as income (up to 13.3%), while states like Texas have no income tax.
Filing Status | Short-Term Rates (Ordinary Income) | Long-Term Rates |
|---|---|---|
Single | 10-37% | 0-20% |
Married Joint | 10-37% | 0-20% |
- Form 8949: Detail each transaction's gains/losses.
- Schedule D: Summarize totals for Form 1040.
- Form 1040 Schedule 1: Report crypto income (e.g., mining).
- Form 1099-DA: New for 2025 sales; brokers like Coinbase report gross proceeds (basis added for 2026+).
- Individual Returns: April 15, 2026 (for 2025 taxes); extensions to October 15.
- Estimated Payments: Quarterly if expecting >$1,000 owed.
Tool | Features | Pricing | US-Specific |
|---|---|---|---|
CoinLedger | API sync, 1099-DA support, loss harvesting | $49-$299/year | Yes, IRS forms export |
TokenTax | DeFi analytics, NFT tracking | $65-$3,500/year | Handles NIIT calculations |
TurboTax Crypto | Integrated filing, airdrop valuation | $0-$89 | Direct IRS e-file |
Koinly | Multi-chain support, FIFO/LIFO options | €49-€199/year | US tax reports |
- Blockchain Analytics: Use tools like Dune for DeFi transaction logs.
- DeFi Tax Nuances: Track impermanent losses in liquidity pools; IRS may classify some yields as ordinary income.
- Tax Optimization: Relocate to low-tax states or use Roth IRAs for crypto (if eligible).
- 2026 Updates: With 1099-DA basis reporting, expect easier compliance but stricter enforcement; prepare for potential stablecoin regs.
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