๐จ BREAKING: Rumors are swirling that a vote could happen tonight to remove capital gains tax on #Bitcoin in the U.S. ๐
According to Trump advisor "Bailey," the U.S. may move to scrap capital gains tax on American-held crypto assets โ a major win for long-term HODLers. ๐ฅ
๐ง But here's what you need to know:
No official bill has been confirmed for tonight's vote ๐งพ
Trumpโs camp has teased 0% tax on U.S.-based crypto ๐บ๐ธ
The Senate already repealed some crypto reporting rules earlier this year โ
The House GOP is under pressure to fast-track a clean version of a pro-crypto bill โก
๐ If passed, this could eliminate taxes on Bitcoin profits and change the U.S. crypto game forever.
๐ฒ Stay sharp. Regulatory winds are shifting โ and Bitcoin might be entering its most bullish legal phase yet.
