David Sacks Pushes Back on Proposed Crypto Transaction Tax
David Sacks Pushes Back on Proposed Crypto Transaction Tax
Significant changes to taxation, cryptocurrency regulation, and administrative procedures are being actively considered by the Trump administration. To strengthen the U.S. strategic Bitcoin (BTC) reserve and digital asset stockpile, White House crypto and AI czar David Sacks has rejected the notion of taxing individual cryptocurrency transactions.
Jason Calacanis, presenter of the All In Podcast, proposed a 0.01% tax on all bitcoin transactio...
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