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CoinDesk - by layer3.news
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2025-02-28 14:42:12
in reply to nevent1q…6g75

Why Trump’s Potential Plan to Make Crypto Gains Tax-Free Could Be a Bad Idea


CoinDesk (nprofile…tgq5)
✍️ The potential elimination of capital gains tax on US-based cryptocurrencies could have far-reaching consequences for the global crypto industry, including market turbulence, increased scam activity, and reduced investment in emerging markets.
👉 Markets may wobble after confirmation
👉 Elimination of capital gains taxes could trigger a surge in the creation of new cryptocurrencies from the US
👉 Potential harm to the global crypto industry, including increased scam activity and reduced investment in emerging markets

#DonaldTrump #EricTrump #UnitedStates #UAE #CaymanIslands #technology
CoinDesk (nprofile…tgq5)

The elimination of capital gains taxes on crypto might not be the huge boon to American investors that it would appear to be.
https://www.coindesk.com/opinion/2025/02/28/why-trump-s-potential-plan-to-make-crypto-gains-tax-free-could-be-a-bad-idea

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