2026-01-10 12:23:42

U.S. Administration Signals Major Shift in Gambling Tax Policy

Recent developments suggest the Trump administration is exploring the elimination of federal taxes on gambling winnings—a move that could have ripple effects across the broader financial ecosystem.

The real question: if traditional gambling winnings face tax elimination, could decentralized prediction markets and crypto-related trading incentives be part of the equation?

This policy shift reflects changing attitudes toward speculative activities and their taxation. For the crypto community, it raises important considerations about regulatory fairness and how governments might eventually classify digital asset earnings, decentralized finance activities, and on-chain trading profits.

Whether prediction markets and crypto instruments follow a similar tax treatment remains unclear, but the precedent being set could influence future legislation. Keep an eye on how this develops—it might reshape tax strategy discussions in the Web3 space.

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GateUser-3824aa38

· 4m ago

No way, traditional gambling is tax-free, but we still have to pay taxes on on-chain transactions? That logic is really incredible, haha.

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AirdropHunterZhang

· 22h ago

Ha, gambling taxes are all exempted? Then can I also get free rides on my on-chain all-in bets? --- Wait, if this policy really gets implemented, wouldn't the zero tax on on-chain transactions be a game-changer? I need to quickly consult a lawyer. --- The Americans are really clever; traditional gambling is tax-free, so do we still need to get cut in DeFi? --- Tax exemption for prediction markets? The days of quietly making big money are here, everyone. --- Something feels off; it seems like they're paving the way for on-chain speculators. --- Alright, I choose to believe in this wave. I've already gone all-in so many times anyway. --- Really? If it’s truly exempted, I need to settle my accounts. I can't miss this profit opportunity. --- By the way, the policy hasn't been implemented yet, so don't get too excited. --- Hey, now there's a reason to reinvest; if the taxes are disappearing, why not go all in? --- Let's wait until this matter settles down; it's just a new way to cut the leeks.

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Degentleman