Cardano: 78.5% of Trump's net worth is in cryptocurrencies
2025-01-19 06:31:38
On January 19, Cardano co-founder Charles Hoskinson revealed in a post on X that 78.5% of Trump's $29.60 billion net worth is in cryptocurrencies, making him one of the richest cryptocurrency entrepreneurs. This is mainly due to Trump's issued Meme coin TRUMP. Hoskinson also pointed out that Trump's extensive involvement in cryptocurrencies could lead to major changes in the industry. His administration may redefine IRS policies on capital gains taxes and fair market value assessments of digital assets, and these expected changes could affect the regulatory framework for the cryptocurrency industry.
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