Cinneamhain Ventures Partner: Trump Has No Authority to Unilaterally Repeal Cryptocurrency Capital Gains Tax, Only Congress Can

BlockBeats News, March 4th, regarding the rumor about the Trump administration planning to announce a zero capital gains tax policy on cryptocurrency sales at the crypto summit on Friday, Cinneamhain Ventures partner Adam Cochran stated: "Mike blocked me for fact-checking him repeatedly, but that won't stop me. The President cannot unilaterally change the tax law. Only Congress can. This is one of the few powers the Constitution clearly reserves for Congress. Even if the President were to make such an announcement or attempt to sign an executive order for it, it would not become law. It's no more effective than me claiming to be a sponge cake."