I Will Exempt Bitcoin-Dollar Conversions From Taxes: Robert Kennedy Jr
Robert F. Kennedy Jr. has been a vocal supporter of Bitcoin. The 2024 presidential candidate has time and again made promises outlining the policies that he will enact if he is elected to power. Talking at a recent event, he assured Americans that they will not be liable to pay tax es on Bitcoin to U.S. dollar conversions. Specifically, he said, “The Kennedy Administration will exempt the conversion of Bitcoin to the US Dollar from capital gains tax es.” JUST IN: 🇺🇸 Presidential candidate Robert F. Kennedy Jr. says he will exempt #Bitcoin to US dollar conversions from capital gains tax es. — Watcher.Guru (@WatcherGuru) July 19, 2023 Also Read: U.S. SEC, CFTC Can Work Together on Crypto Rules: Caroline Pham Kennedy’s regulatory stance The securities v. not a securities debate got settled to a fair extent after the recent verdict in the Ripple case. The retail use of the asset was off the hook, as XRP was deemed to not be...