Trump’s Proposal for Tax-Free Crypto Transactions; Can This Turn America Into A Leading Crypto Hub?

Quick Summary:

This proposal if implemented, would eliminate capital gains taxes on crypto transactions, and make way for a bold new approach to digital currency in America.

This statement aligns with Trump’s previous views on limiting foreign influence in American tech and finance.

This could attract significant capital from international investors and encourage U.S.-based companies to invest in blockchain and crypto technology.

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Article Details

Author / Journalist: Nidhi Kolhapur

Category: Crypto

Markets: United States

Topics: News Crypto news

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-30 @ 18:27:44 (1 days ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 371 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 23341477

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About Coinpedia

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 20 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #112

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