Rumors are rapidly spreading on social networks (mainly on the X platform) that US President Donald Trump may announce a 0% tax on profits from bitcoin and other cryptocurrencies originating in the United States. This information has not been confirmed, but is being actively pushed, as Trump is scheduled to speak at the Digital Asset Summit in New York on March 20.
However, the crypto community is divided into those who are excited about the possibility of exempting profits from taxation. Others joke that such a policy would be pointless given the gloom and doom that prevails in the crypto market.
Entire feed is cheering on rumors that Trump will announce 0% tax on crypto profits
But what if you don’t have profits? 😭
— Quinten | 048.eth (@QuintenFrancois) March 20, 2025
Rumors of a change in tax policy on cryptocurrencies have not been confirmed by any official channels. However, at the end of last year, Trump’s son Eric hinted at the possibility of his father’s administration introducing a zero capital gains tax policy for US cryptocurrency projects.
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