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
Polygon’s New Blockchain Explained: Is KATANA Crypto Next Binance Listing?
Jack DaviesJuly 1, 2025
Polygon Labs has introduced a new blockchain called Katana, which was developed in collaboration with the crypto trading firm GSR....
How Institutional Flows And Market Cycles Are Shifting
Jack DaviesJuly 1, 2025
Year-to-date, bitcoin returns are flat — at negative 0.4%. This is far from bitcoin’s returns in 2024 at +121% and...
Dollar Index Reaches Critical Lows as Investors Lose Confidence in Trump’s Policies
Jack DaviesJuly 1, 2025
The dollar index is experiencing one of its worst performances since the Reagan administration, with the greenback plummeting against other...
World Computer Hacker League 2025: $300K Prize Pool Blockchain Hackathon Now Open
Jack DaviesJuly 1, 2025
Disclaimer: This article is for informational purposes only and does not constitute financial advice. BitPinas has no commercial relationship with...