Ripple (XRP), Litecoin, Cardano gain $10B as Trump appoints Paul Atkins to replace Gensler, Crypto Tax expert weighs in
Crypto Tax expert hints more gains ahead as Trump policy changes begin
President-Elect Donald Trump’s administration could drastically shift the global crypto landscape with a proposed policy to eliminate capital gains taxes on U.S.-issued cryptocurrencies.
According to sources close to the transition team, the proposal would apply to tokens created by U.S. companies.
In an exclusive interview with FXEmpire, Arvydas Strankauskas, Chief Legal Officer of Locked Money, an EU-approved digital asset management platform has weighed in the potential impacts of Trump’s proposed zero tax policy on the crypto markets.
Question 1: Trump’s crypto tax policy could potentially eliminate taxes on tokens created by US-companies. What ways could…
