#TrumpTaxCuts
Donald Trump's administration has introduced significant tax reforms impacting the cryptocurrency landscape, particularly benefiting U.S.-issued digital assets.
News Week Nigeria
Trump's Crypto Tax Reform: Key Highlights
Capital Gains Tax Elimination: President Trump has proposed eliminating capital gains taxes on U.S.-issued cryptocurrencies such as Bitcoin (BTC), XRP, Cardano (ADA), Algorand (ALGO), and Hedera Hashgraph (HBAR). This move aims to encourage the use of digital assets in everyday transactions by removing tax burdens on profits from these cryptocurrencies .
CryptoManiaks
Strategic Bitcoin Reserve: In March 2025, Trump signed an executive order establishing the Strategic Bitcoin Reserve, capitalized with approximately 200,000 BTC already owned by the federal government. This reserve positions Bitcoin as a national asset and supports the administration's goal of making the U.S. a global leader in cryptocurrency .
Pro-Crypto Regulatory Environment: The administration has expressed intentions to replace income taxes with tariffs, aiming to create a more favorable environment for cryptocurrency innovation. Additionally, there are discussions about forming a Bitcoin and crypto advisory council to develop transparent regulatory guidelines .
