TechFlow news, on January 19, Cardano co-founder Charles Hoskinson revealed on X that 78.5% of Donald Trump's $29.6 billion net worth is in cryptocurrency, making him one of the wealthiest crypto entrepreneurs. This is primarily attributed to the TRUMP meme coin launched by Trump.
Hoskinson also noted that Trump's extensive involvement in cryptocurrency could lead to significant changes in the industry. His administration might redefine IRS policies regarding capital gains taxes and the fair market value assessment of digital assets, and these anticipated changes could impact the regulatory framework of the cryptocurrency industry.
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