Dogecoin Foundation appears to challenge the policy rumored to eliminate the capital gains taxes on US-issued cryptos.
According to reports, a successful implementation of this policy could drive a huge amount of capital into Cardano (ADA), Solana (SOL), and Constellation (DAG).
Reports have established that the new US administration led by President-elect Donald Trump could transform the country into a tax-free crypto haven for assets created by US-based companies. However, the Dogecoin Foundation appears to take a strong exception to its implementation.
The Argument Against This Implementation
Even though the Dogecoin Foundation, which is “a non-profit building open-source projects for Dogecoin” did not directly argue against this system, it shared a critical opinion by a user identified as a junior developer on X. In his submission, “Junior developer” pointed out that ignoring coins backed by non-US-based companies would imply that the administration is deliberately choosing
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