Former Ripple CTO Says Schwartz Will Always Be 'Heart of XRP'

Russia’s central bank intends to comprehensively study the country’s cryptocurrency market and compile its findings within months. The authority will be collecting detailed information from market participants to determine how much Russians are invested in crypto assets and derivatives. Russian central bank to carry out massive crypto survey The Central Bank of Russia (CBR) is […]

The post Cashing In On University Patents Means Giving Up On Our Innovation Future appeared on BitcoinEthereumNews.com. “It’s a raid on American innovation that would deliver pennies to the Treasury while kneecapping the very engine of our economic and medical progress,” writes Pipes. Getty Images Washington is addicted to taxing success. Now, Commerce Secretary Howard Lutnick is floating a plan to skim half the patent earnings from inventions developed at universities with federal funding. It’s being sold as a way to shore up programs like Social Security. In reality, it’s a raid on American innovation that would deliver pennies to the Treasury while kneecapping the very engine of our economic and medical progress. Yes, taxpayer dollars support early-stage research. But the real payoff comes later—in the jobs created, cures discovered, and industries launched when universities and private industry turn those discoveries into real products. By comparison, the sums at stake in patent licensing are trivial. Universities collectively earn only about $3.6 billion annually in patent income—less than the federal government spends on Social Security in a single day. Even confiscating half would barely register against a $6 trillion federal budget. And yet the damage from such a policy would be anything but trivial. The true return on taxpayer investment isn’t in licensing checks sent to Washington, but in the downstream economic activity that federally supported research unleashes. Thanks to the bipartisan Bayh-Dole Act of 1980, universities and private industry have powerful incentives to translate early-stage discoveries into real-world products. Before Bayh-Dole, the government hoarded patents from federally funded research, and fewer than 5% were ever licensed. Once universities could own and license their own inventions, innovation exploded. The result has been one of the best returns on investment in government history. Since 1996, university research has added nearly $2 trillion to U.S. industrial output, supported 6.5 million jobs, and launched more than 19,000 startups. Those companies pay…

The post US Is Relaxing Crypto Tax Law For Companies Like MicroStrategy appeared on BitcoinEthereumNews.com. The US Treasury Department and the Internal Revenue Service (IRS) are preparing to relax a proposed tax rule that subjected crypto companies to a 15% minimum tax on unrealized gains from their digital asset holdings. This new guidance responds to significant pushback from companies like MicroStrategy and Coinbase. They argued that taxing paper profits on crypto was unfair and inconsistent with the treatment of traditional assets like stocks and bonds. IRS Eases Corporate Crypto Tax Burden Sponsored The Treasury Department and IRS issued interim guidance to ease the financial burdens of the Corporate Alternative Minimum Tax (CAMT). Today, the US Senate Finance Committee continued the conversation on the taxation of digital assets during a hearing led by Chairman Mike Crapo.  “Currently, our tax code does not provide straightforward answers for many digital asset transactions, whether someone is buying a cup of coffee, donating to charity, investing, lending, mining or staking,” Crapo said, adding, “lingering tax uncertainty also makes the US a less attractive place to do business and invest, and hurts tax compliance.” The confusion surrounding CAMT gained momentum recently due to Congress’s focus on developing new digital asset taxation policies. The Unrealized Gains Tax Trap Sponsored The Corporate Alternative Minimum Tax (CAMT) refers to a 15% minimum tax created by the 2022 Inflation Reduction Act. It’s levied on the largest corporations, typically those reporting over $1 billion in average annual income. The tax is calculated based on the profit they report to shareholders on their financial statements. As a result of Treasury and IRS interim guidance issued yesterday, Strategy does not expect to be subject to the Corporate Alternate Minimum Tax (CAMT) due to unrealized gains on its bitcoin holdings. $MSTR https://t.co/DEgluG8oEN — Michael Saylor (@saylor) October 1, 2025 In December 2023, the IRS introduced the Financial Accounting Standards…