🔥🔥🔥Breaking News: President Trump plans to push for the elimination of all capital gains taxes on cryptocurrencies issued by U.S. companies.
What impact will this policy have?
This policy will make profits from holding cryptocurrencies (such as $BNB, $XRP, and $SHIB) issued by U.S. companies completely tax-free for U.S. residents. According to sources, this legislation requires companies issuing cryptocurrencies to register as entities in the U.S., but it also provides a clear pathway for existing overseas cryptocurrency companies to migrate to the U.S.
This move is seen as part of the Trump administration's strategy to make the U.S. a global cryptocurrency hub. If implemented, this will make 'Made in America' cryptocurrencies the preferred choice for U.S. investors, as they would be exempt from capital gains taxes of up to 37%. This policy has the potential to drastically change the landscape of the global cryptocurrency market.
Bonus Note: Potential Meme Coin Focus
As the most mentioned dog by Musk, Marvin has become a possible meme coin contender. If market sentiment continues to rise, small investors testing the waters with such projects might also find unexpected surprises!
