Tax authorities worldwide are tightening their grip on crypto transactions, from automated data sharing to retroactive audits.

The US is exploring budget-neutral ways to acquire Bitcoin without using taxpayer money, Crypto Council chief Bo Hines said ...

David Sacks rejected crypto tax proposals for funding the U.S. Strategic Bitcoin Reserve, warning they could hurt adoption and face strong opposition.

David Sacks, appointed by President Donald Trump as the administration's "crypto czar," said the federal government may have lost more than $16 billion by selling off its bitcoins too early.

David Sacks, the White House’s lead on crypto and AI policy, has pushed back against the idea of taxing crypto transactions ...

The post White House Crypto Czar David Sacks Opposes Transaction Taxes for Filling US Bitcoin Reserve appeared first on Cryptonews.

This week, the Trump White House announced a project that the crypto industry loves, skeptics hate, and that most people, reasonably, don’t really care about: a “bitcoin strategic reserve.” ...

El Salvador made Bitcoin legal tender in 2021, though this year made its acceptance voluntary again, under pressure from the IMF. The nation’s embrace of Bitcoin attracted support from proponents of ...

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“Having a reserve that only consists of bitcoin the government possesses is less obnoxious [than using tax dollars to purchase additional coins] but still costly,” says George Selgin, director ...

Still, bitcoin extended losses ... to $87,600 at press time in hopes that Trump will announce a favorable crypto tax policy at Friday's White House crypto summit. Here is what market pundits ...