Following the first White House Crypto Summit, Crypto Czar David Sacks engaged in a discussion with the American entrepreneur Jason Calacanis, during which Calacanis floated the idea of imposing a 0.01% tax on every crypto transaction conducted within the United States. This levy, he suggested, would be collected in the transaction’s native digital asset. Calacanis […]
Source link

Chain Articles > Blog > Bitcoin > David Sacks Rejects Proposed Crypto Transfer Tax, Citing Income Tax History as a Cautionary Tale
David Sacks Rejects Proposed Crypto Transfer Tax, Citing Income Tax History as a Cautionary Tale
posted on
You Might Also Like
Metaplanet Beats Tesla, Coinbase To Become 5th Largest Corporate Bitcoin Holder: CEO Says “More Purchases Coming”
Jack DaviesJuly 1, 2025
Metaplanet has made headlines yet again with the expansion of its Bitcoin treasury. The Japanese company now holds 13,350 Bitcoin...
XRP Gains Ground With Wall Street as Companies Follow Bitcoin Treasury Model
Jack DaviesJuly 1, 2025
XRP is emerging as the next big institutional crypto play as public companies embrace it as a treasury cornerstone, signaling...
Notcoin Crypto Trending: Did the NOT Tap-to-Earn Token Benefit After Nobitex Exchange Hack?
Jack DaviesJune 30, 2025
Notcoin price is up 12% from April 2025 lows. NOT crypto is bouncing strongly after the Nobitex hacker burned 2%...
Number of Bitcoin Wallets Holding Over $1 Million Sees Significant Jump: Coinbase Institutional
Jack DaviesJune 30, 2025
Coinbase Institutional projects a constructive outlook for cryptocurrency markets in the second half of 2025, driven by economic optimism, corporate...