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Debate reignited on taxing XRP staking rewards if native staking is adopted on XRP Ledger.

Market News
28 May 2026
Crypto news
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David Schwartz, Ripple's former CTO, sparked renewed debate on how staking rewards should be taxed if XRP Ledger ever adopts native staking. He argued that staking rewards minted by the protocol should not be taxed until sold, likening them to created property rather than immediate income. This challenges current IRS rules that tax proof-of-stake rewards when taxpayers gain control over them. XRP Ledger currently does not support native staking, so the discussion remains theoretical but provides a framework for future tax considerations if staking is implemented.

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