Imagine if you could buy and sell special internet money (cryptocurrency) without paying extra taxes! Some people think the US might do this for American crypto, but it could have big effects.
This news is about a possible change to how the US taxes cryptocurrency. It's important to understand the potential impacts before celebrating!
It could cause problems for cryptos from other countries.
- US-based cryptos might not have to pay extra taxes.
- Cryptos from other countries might have a 30% tax.
- This could cause big changes in how people buy and sell crypto.
| Effect | Description |
|---|---|
| Possible Tax Change | US-based cryptos might be tax-free, while others face a 30% tax. |
| Market Reaction | Prices could change a lot as people move their money around. |
| Risk | More fake cryptos (scams) could appear. |
