Back

Crypto Industry Groups Urge Tax Reform in Appeal to President Trump

Blockchain and cryptocurrency associations have called on President Donald Trump to implement changes to tax regulations affecting digital assets.

Summary

No Summary provided as the original text is short

Terms & Concepts
  • Digital assets: Cryptocurrency or tokenized assets recorded on a blockchain and representing value or rights.
  • Blockchain: A decentralized digital ledger that records transactions across multiple computers securely.
  • Tax reform: Changes to tax laws aimed at improving fairness, efficiency, or compliance.