The Tax Cuts and Jobs Act (TCJA), signed into law by President Donald Trump in 2017, brought significant changes to the tax system in the United States. It reduced the corporate tax rate from 35% to 21%, aimed at promoting economic growth and investment. For the cryptocurrency industry, this could mean more capital flowing into blockchain projects and cryptocurrency startups, as businesses retain higher profits. On the individual side, the adjusted tax brackets could increase disposable income for some, encouraging more people to invest in cryptocurrencies. However, the TCJA still classifies cryptocurrencies as assets, so capital gains tax still applies to transactions and profits. This directly affects Binance users, a leading cryptocurrency exchange.