Trump's Proposal Could Eliminate Crypto Taxes, Boosting Select Coins

Reported 3 days ago

Former President Donald Trump's administration is considering a policy to eliminate capital gains taxes on U.S.-issued cryptocurrencies, which could significantly reshape the crypto market. This proposal would potentially transform the U.S. into a tax-free haven for cryptocurrencies, enticing investors to shift focus from traditional markets. Three tokens likely to benefit from this change include Cardano, with strong U.S. connections; Solana, backed by American investors; and Constellation, a micro-cap project with ties to the U.S. government. If implemented, this policy could trigger massive investments into these tokens, marking a new era for U.S.-based cryptocurrencies.

Source: YAHOO

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