Trump’s Crypto Tax Proposal: U.S.-Issued Coins Like BTC, ADA, and XRP Could Become Tax-Free
- Donald Trump has also encouraged international crypto companies to relocate their operations to the U.S., fostering economic competition and redirecting capital flows.
- VanEck’s Matthew Sigel proposed partnerships with Bitcoin miners in these cities, combining tax benefits, sustainable mining practices, and strategic Bitcoin accumulation.
Former President Donald Trump is reportedly eyeing legislation that would eliminate capital gains taxes on U.S.-issued cryptocurrencies. A recent social media post by ‘Good Morning Crypto’, a crypto educator on the X platform, summarized the plan. He stated that Trump aims to make “all American profits made on projects created in the United States FULLY Tax Free!”