“Bitcoin Jesus” renounced his U.S. citizenship to avoid taxes, then was hit with nearly $50 million in exit taxes ten years later
I usually break down regulatory news by asking three questions:
1. What was announced: a finalized rule or a proposal?
2. When will it take effect: is there a specific timeline?
3. Who will it affect: the entire industry or a specific type of business?
This is a step forward in the process, with limited direct impact on prices.
$BTC Current price: 81413.85.

Crypto assets can rise and fall quickly, so don’t take on too much leverage.