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Nobel Economist Sounds Alarm: Trump’s Crypto Rules May Turn U.S. Into Ultimate Tax Dodge

Nobel Economist Sounds Alarm: Trump’s Crypto Rules May Turn U.S. Into Ultimate Tax Dodge

Author:
Coingape
Published:
2025-04-26 11:44:38
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Joseph Stiglitz fires warning shot as crypto-friendly policies gain traction—Wall Street’s already salivating at the loopholes.

| The Irony | A Nobel laureate now plays Cassandra to America’s potential descent into regulatory arbitrage heaven. Guess those ’anti-establishment’ crypto bros might finally get their anarcho-capitalist wet dream—courtesy of the Oval Office.

| The Playbook | Deregulation could let crypto assets bypass decades of financial safeguards. Suddenly, ’not your keys, not your coins’ starts looking like ’not your taxes, not your problem.’

| The Fallout | If implemented, these policies wouldn’t just attract crypto firms—they’d invite every multinational with creative accountants to re-domicile. The ultimate race-to-the-bottom scenario, now with blockchain branding.

Funny how ’disruptive innovation’ always seems to end with somebody’s offshore Cayman Islands fund.

Nobel Prize-winning economisthas issued a sharp warning:. And for the crypto community, the consequences could be enormous.

Trump’s Crypto Moves Raise Alarm Bells

Stiglitz argues that Trump’s administration weakened financial transparency by halting the collection of company ownership data, withdrawing from global tax cooperation, easing crypto regulations, and scaling back anti-money-laundering enforcement.

In particular, Trump’s executive order to create aand the appointment of ahave raised major red flags. According to Stiglitz, these actions make the U.S. an attractive destination for hidden crypto transactions.

Crypto Secrecy: A Brewing Storm?

Stiglitz warns that the rise of underregulated crypto exchanges, online casinos, and anonymous platforms under Trump could, making money laundering and tax evasion easier than ever.

While crypto investors might see fewer regulations as an opportunity, Stiglitz stresses that unchecked crypto activity could seriously threaten long-term financial stability.

A Bigger Financial Shift Underway

Trump’s crypto policies are just part of a larger effort to dismantle financial safeguards, Stiglitz says.could slash U.S. tax revenue byover the next decade.

Meanwhile, tariffs on imports have burdened ordinary Americans while benefiting a wealthy few, further widening the wealth gap — and crypto assets, Stiglitz warns, are increasingly becoming a tool for tax avoidance.

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The World Moves Ahead Without the U.S.

As the U.S. loosens its grip, overto promote fairness and accountability. Stiglitz suggests that America’s retreat could ironically strengthen global efforts for fairer taxation.

Bottom Line

Joseph Stiglitz’s message is clear:, but at the cost of financial stability and global trust.

For crypto investors, the short-term gain of less regulation could come with long-term risks that are impossible to ignore.

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