Experts are divided into the possibility of creating a ‘zero crypto tax policy’ by Donald Trump. Since the first White House Crypto Summit is planned to be held on March 7, many policy changes are expected. If crypto tax policy is applied, it may have extensive consequences
Will Donald Trump eliminate crypto tax?
Adam Cochran, the founder of Cinneamhain Ventures, poured cold water on the increasing speculation of the implementation of zero crypto tax policy in the USA. Cochran, recently in the X post, President Donald Trump’ın “tax law unilaterally,” he said. He added that any amendment to the relevant laws entered the jurisdiction of the Congress.
According to Cochran, as clearly stated in the Constitution, the authority to make such laws belongs to the Congress only. In this context, Cochran said, even if the president declares it or tries to sign an EO for that, it would not make it a law, ”he said. Cochran also pointed out that the separation of forces in the US government and the role of the Congress in shaping tax policies should be understood. He also underlined the basic need for citizenship education that can help citizens understand and distinguish between forces.
ZERO TAX DISCUSSED AT THE White House Summit
President Donald Trump will host the first White House Crypto Summit on March 7, 2025 (Friday). David Sacks, the crypto tsar, chaired the summit, the executive director of the work group Bo Hines will manage the summit. In a recent announcement, the communication office said:
Participants will include the leading founders, CEOs and investors of the crypto sector, as well as members of the President of the President’s Digital Assets Working Group.
Kriptokoin.comAs you have followed, Trump aims to turn the US into a crypto capital, while the community is eagerly awaiting the groundbreaking policy announcements at the upcoming summit. One of these expectations is the zero crypto tax policy proposed by Eric Trump. Although the potential impacts of this policy change remains uncertain, the community expects significant benefits from the proposed zero crypto tax policy.
Possible
Will zero crypto tax policy be a blessing?
Recently, Eric Trump suggested the idea of a zero crypto tax policy, arguing that innovation, investments and the US could increase crypto leadership. Although Eric Trump is not a policy -making, the community sees its views as a reflection of the current administration. Many people believe that Trump will implement this proposal thanks to his strong support to the crypto industry. Among the many policy reforms expected at the crypto summit to be held at the end of this week, the zero crypto tax policy is expected to be widely expected at the summit.
However, since the details of the zero crypto tax proposal are still hidden, uncertainty and uncertainty continue. The idea of the idea is unclear as it is not clear whether it will be valid for all crypto currencies. It is not known whether policy will contain both short -term and long -term earnings. In addition, the level of zero tax is not specified. Moreover, the implementation of the bid may have extensive consequences. For example, the crypto market may experience excessive fluctuation and potential decline in the short term.
