Cathie Wood, founder of ARK Invest, has suggested that President Donald Trump might remove capital gains taxes on small Bitcoin payments in 2026. Speaking on the Bitcoin Brainstorm podcast, Wood linked this potential policy shift to the upcoming U.S. midterm elections, emphasizing the importance of crypto voter support and Trump's desire to maintain influence.
Wood highlighted that the U.S. Bitcoin reserve, established during Trump's second term, currently consists of confiscated assets, with plans to expand through new purchases. She noted that Trump's administration might advance a de minimis tax ruling to exempt small Bitcoin transactions from capital gains taxes, which could bolster grassroots crypto usage. Wood also mentioned that Trump's engagement with the crypto sector is reinforced by his family's involvement in digital assets.
Cathie Wood Predicts Trump May Eliminate Bitcoin Payment Taxes in 2026
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