Crypto czar David Sacks: Consider NFT and Memecoins as 'collectibles' rather than securities or commodities '

Crypto 7x24

2025-02-05 04:18:32

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Internet reports that David Sacks, the artificial intelligence and cryptocurrency "czar" appointed by U.S. President Trump, said he views NFT and Memecoins as "collectibles" rather than securities or commodities. Collectibles have different tax procedures than securities and commodities.

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