🚀 U.S. Senators Against Crypto Tax: The Beginning of a New Era?
A group of senators has demanded the Treasury to abolish the tax on digital assets — this could be a turning point for the industry.
‼️What does this mean?
✔ Lowering barriers – potential influx of institutional investments
✔ Increase in legitimacy – a step towards clear regulation (instead of bans)
✔ Support for innovation – the U.S. could regain leadership in blockchain developments
🥇Which assets will benefit?
- BTC/ETH – the main beneficiaries of regulatory clarity
- DeFi tokens (UNI, AAVE) – if taxes do not affect protocols
- Meme coins – growth of risk appetite
P.S. If the initiative passes – we expect a new ATH in the market. Is your portfolio ready?