Coinbase's latest market report suggests that Trump's 2026 tax reform could drive gamblers towards blockchain-based prediction markets. The proposed 'Great Bill' aims to eliminate loss deductions for gamblers, potentially making blockchain platforms with derivative-like contracts more attractive due to favorable tax treatment. Despite existing regulatory hurdles, Coinbase anticipates a significant increase in market volume by 2025. The report predicts that prediction markets could become integral to the crypto ecosystem, with the emergence of aggregators and increased use of price prediction tools as traders adjust to the new tax landscape.
Trump's Tax Reform Could Boost Blockchain Prediction Markets, Says Coinbase
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
