Viewpoint: The Capital Gains Tax of Crypto Assets cannot be reduced to 0%, and the industry should focus on more realistic goals

ChainCatcher news, Eric Peterson wrote on the X platform, stating that the Capital Gains Tax of Cryptocurrency cannot be reduced to 0% because tax policies are formulated by Congress rather than the President. He suggested that the industry should focus on more realistic goals, such as promoting de minimis exemption policies for microtransactions similar to forex trading, to reduce tax burdens and achieve broader industry support. Previously, Dennis Porter called for the implementation of a policy to exempt $200 microtransaction in encryption from tax.

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