There is speculation that President Donald Trump may propose eliminating capital gains taxes on cryptocurrency sales. The rumors suggest an announcement may come as soon as Friday, but no official confirmation has been provided. However, legal experts and analysts point out that such a tax change would need congressional approval, which the President cannot implement unilaterally. While this news has excited crypto investors, it is important to understand that tax policy in the US is legislated by Congress, not dictated by the President.



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