Prediction markets may offer a tax loophole for gamblers under Trump’s Big Beautiful Bill, Coinbase says

Prediction markets may offer a tax loophole for gamblers under Trump’s Big Beautiful Bill, Coinbase says
Source:Coin Desk
00:00 / 00:00
A tax change in Trump’s Big Beautiful Bill may steer gamblers toward blockchain-based prediction markets to reduce their IRS bill, Coinbase said.

Related Articles

Bear markets are temporary — airdrops are forever

Bear markets are temporary — airdrops are forever

Read more →
Trump’s USD1 stablecoin deepens concerns over conflicts of interest

Trump’s USD1 stablecoin deepens concerns over conflicts of interest

Read more →
BlackRock ‘BUIDL’ tokenized fund triples in 3 weeks as Bitcoin stalls

BlackRock ‘BUIDL’ tokenized fund triples in 3 weeks as Bitcoin stalls

Read more →
What are exit liquidity traps — and how to detect them before it is too late

What are exit liquidity traps — and how to detect them before it is too late

Read more →
Bitcoin price just ditched a 3-month downtrend as 'key shift' begins

Bitcoin price just ditched a 3-month downtrend as 'key shift' begins

Read more →
XRP ETF ‘obvious’ as Polymarket bettors up approval odds to 85%

XRP ETF ‘obvious’ as Polymarket bettors up approval odds to 85%

Read more →
Firms without business models ‘buy Bitcoin’ — Angel investor Jason Calacanis

Firms without business models ‘buy Bitcoin’ — Angel investor Jason Calacanis

Read more →
Rumble wallet rolls out with Tether’s USDT for creator payments

Rumble wallet rolls out with Tether’s USDT for creator payments

Read more →
Here’s what happened in crypto today

Here’s what happened in crypto today

Read more →
Polymarket faces scrutiny over $7M Ukraine mineral deal bet

Polymarket faces scrutiny over $7M Ukraine mineral deal bet

Read more →