• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Eric Trump: Tax Changes for US Cryptocurrencies

user avatar

by Giorgi Kostiuk

a year ago

Eric Trump announced the intention of Donald Trump’s administration to eliminate capital gains tax for US-based cryptocurrencies.

Tax Change Plans for Cryptocurrencies

Eric Trump announced plans to collaborate with his father to eliminate capital gains taxes for US-based cryptocurrencies. The move is aimed at making the US a global hub for the crypto industry.

Criticism of SEC and Current Regulations

Eric Trump criticized SEC Chair Gary Gensler for his stance towards the crypto industry, stating that the crypto community faced attacks. He also emphasized the importance of 'sane regulation' and the potential of new technologies in the banking sector.

The crypto community in America was under total attack.Eric Trump

Investments by World Liberty Financial

Despite plans for tax changes, World Liberty Financial, related to Trump’s crypto project, recently invested millions of USDC in Ethereum and Chainlink. According to Etherscan, the company acquired over 2,631 ETH and 41,335 LINK.

Trump administration's plans to eliminate taxes for US-based cryptocurrencies promise significant changes for the industry despite economic contradictions.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Upcoming Token Unlocks Create Supply Pressure in Crypto Market

chest

The Ondo crypto price is facing supply pressure due to a major token unlock scheduled for January 18, while Shiba Inu coin struggles with high exchange reserves.

user avatarLuis Flores

Terra Industries Raises $1.175 Billion to Revolutionize African Defense Technology

chest

Terra Industries has raised $1.175 billion to develop security systems in Africa, marking a significant milestone for the continent's defense technology sector.

user avatarArif Mukhtar

ZKsync Implements Trusted Execution Environments for Enhanced Security

chest

ZKsync employs Trusted Execution Environments (TEEs) to enhance security for private operations.

user avatarZainab Kamara

Solana Faces Resistance as Traders Seek New Opportunities

chest

Traders are exploring new altcoin opportunities as Solana's price struggles to break resistance levels.

user avatarSon Min-ho

The demand for Bitcoin from institutions continues to be robust.

chest

In late 2024, BlackRock moved 3,143 BTC to Coinbase Prime, indicating strong institutional demand and infrastructure use for its iShares Bitcoin Trust.

user avatarDavid Robinson

Atlas Upgrade Enhances ZKsync to High-Performance Production L2 Stack

chest

The Atlas upgrade significantly enhances the ZKsync stack, making it the highest-performance production L2 stack for enterprise-level applications.

user avatarMaria Gutierrez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.