PANews reported on January 26 that Eric Peterson posted on the X platform, saying that it is impossible for the capital gains tax on cryptocurrencies to be reduced to 0% because tax policies are set by Congress, not the president. He suggested that the industry should focus on more realistic goals, such as promoting a de minimis exemption policy similar to foreign exchange transactions, to reduce the tax burden and achieve broader industry support.
Earlier today, Dennis Porter called for a tax exemption for small crypto transactions of $200 .
