🚨Breaking News: President Trump wants to eliminate all capital gains taxes on cryptocurrencies issued by American companies
This would ultimately make all profits from cryptocurrencies held by Americans, such as $BNB $XRP and $SHIB , completely tax-free, as their creators are American companies.
According to sources, the legislation requires companies to register as entities in the country before issuing cryptocurrency assets, but there will be a pathway for existing cryptocurrency businesses in the market to relocate to the United States.
This strategy is part of the broader goal of the Trump administration to make the United States the world capital of cryptocurrency. Source: Trump transition team member.
In fact, this would make "Made in America" cryptocurrencies the most sensible investment for American citizens, as they wouldn't have to pay up to 37% tax on their gains. This could fundamentally reshape the cryptocurrency market.
Recently, the dean has been observing the Ethereum chain puppies, which seem to have great potential; everyone can take a look.