Trump’s Crypto Gambit: Global Tax Hunt or Regulatory Crusade?

Former President Donald Trump is facing scrutiny for his evolving stance on cryptocurrency. While initially embracing digital assets and advocating for financial freedom, he now appears to be focusing on regulatory measures that could significantly impact the crypto landscape. The plan targets undeclared digital asset holdings by American citizens abroad, aiming to implement a global tax information sharing mechanism known as CARF. This move is creating both excitement and concern in the crypto world. Is Trump playing both sides? A closer look reveals he’s maneuvering between promoting crypto-friendly policies and implementing stricter regulations.