White House (U.S. executive office) says Trump seeks to end taxes on Bitcoin and cryptocurrency transactions (transfers on a blockchain)

According to the White House (U.S. executive office), Trump aims to eliminate taxes on Bitcoin and other cryptocurrency transactions (transfers on a blockchain), with no timing or policy details provided.

BTC

Summary

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Terms & Concepts
  • Cryptocurrency transactions: Transfers of digital assets recorded on a blockchain network.
  • Blockchain: A distributed ledger that records transactions across a network of computers.