Trump's Crypto Tax Plan Sparks Debate on Tax-Free Digital Coins
Originally Published 1 year ago — by Crypto News Flash
Former President Donald Trump is reportedly considering a proposal to eliminate capital gains taxes on U.S.-issued cryptocurrencies, such as Bitcoin and Cardano, if the issuing companies are registered in the U.S. This initiative aims to position the U.S. as a global crypto hub and attract international crypto companies to relocate to the U.S. Additionally, VanEck's Matthew Sigel suggested partnerships with Bitcoin miners in 'Freedom Cities' to promote sustainable mining and strategic Bitcoin accumulation.