Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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Adam Cochran: He was blocked for asking Mike Alfred to verify the authenticity of "Trump's plan to implement zero capital gains tax on cryptocurrency transactions". The president actually has no right to do this
2025-03-04 04:13

Odaily News At 8 am today, Mike Alfred posted on the X platform: “The Trump administration is preparing to announce zero capital gains tax on cryptocurrency transactions at the crypto summit on Friday.”
Adam Cochran said: "Mike blocked me for repeatedly fact-checking him, but that won't stop me. The president can't unilaterally change the tax code. Only Congress can. It's one of the few congressional powers clearly stated in the Constitution. Even if the president announced the decision, or tried to sign an executive order for it, it wouldn't make it law. It's no more effective than me declaring that I'm a cupcake."