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CoinGape

CoinGape

Trump’s crypto holdings could influence IRS policies on capital gains and fair market value for digital assets

CoinGape
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62% Informative

78.5% of President-elect Donald Trump’s net worth, estimated at $29.6 billion , is tied to cryptocurrency.

This revelation places Trump among the wealthiest cryptocurrency entrepreneurs globally.

Trump 's extensive involvement in crypto could influence IRS policies on capital gains and fair market value for digital assets.

XRP lawyer Bill Morgan claims Trump 's memecoin promotion could affect the SEC 's Ripple lawsuit.

The Trump Memecoin gained $8 billion in hours, raising concerns about crypto regulation.

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