Opinion: Full repeal of cryptocurrency capital gains tax would require Congressional approval and is unlikely to happen in the near future

BlockBeats News, January 26th, Dennis Porter, co-founder of the Satoshi Action Fund, stated in a post on X that completely eliminating capital gains tax on cryptocurrency would require approval from Congress and is unlikely to be achieved in the short term. Dennis Porter believes that the main obstacle to this is the significant loss of tax revenue, making it difficult to incorporate such a proposal into the upcoming tax legislation.