The Americans are going to impose a tax on cross-border remittances from non-citizens.

A new bill proposed by Republican members of the U.S. Congress plans to levy a 5% tax on all remittances sent overseas by non-citizens, which will affect H-1B, F-1 visa holders, and green card holders.

This is bad news for U.S. stocks, but good news for Bitcoin and Ethereum.

Additionally, according to Caixin, the taxation of U.S. stocks on Chinese individuals is not a rumor; it has been confirmed.

In the U.S.-China game, the truth often spreads first in the form of rumors. Occasionally, there will be denials. In fact, it is all a test of public sentiment. 😂

After losing a round in tariff negotiations, the Americans are coming up with new tactics.

In the short term, the cryptocurrency market may retract alongside U.S. stocks, but in the long term, Bitcoin and Ethereum are sure to see high growth.