Capital Gains Tax Removal For Cryptocurrency Faces Challenges

According to BlockBeats, on January 26, Dennis Porter, co-founder of the Satoshi Action Fund, stated on X that the complete removal of capital gains tax on cryptocurrencies requires congressional approval and is unlikely to happen in the short term. Porter highlighted that the primary obstacle is the significant loss of tax revenue, making it difficult for such a proposal to be included in... source: https://www.binance.com/en/square/post/19441272581185?utm_source=BinanceNewsRSS