Cato Proposes Tax-Free Crypto Transactions to Boost Adoption

The Cato Institute has proposed eliminating capital gains taxes on cryptocurrencies such as Bitcoin, arguing that current tax rules create barriers to their use as everyday payment tools. In a recent report, policy scholar Nicholas Anthony stated that the existing framework encourages long-term holding while adding reporting burdens that limit Bitcoin’s function as an alternative […] Read The Full Article Cato Proposes Tax-Free Crypto Transactions to Boost Adoption On Coin Edition.