TOTAL VOLUME:
$97.2b
24H VOL:
$205,769,171
24H TRANSACTIONS:
950,106,883
OPEN INTEREST:
$2,078,492,000
827,238
Markets across
14,795
events
MATCHED EVENTS:
884
PLATFORM COVERAGE:
5
Polymarket:
45%
VS.
Kalshi:
55%
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This market on Polymarket tracks whether President Trump will sign legislation or issue an executive action eliminating capital gains tax on cryptocurrency assets for US taxpayers. The leading outcome—that such a policy change occurs before 2027—currently stands at 5.9%, while the probability of this happening specifically in 2025 is at 0.0%. Resolution will be determined by official US federal government sources and credible reporting consensus. Watch for legislative activity or executive orders on cryptocurrency tax policy through the December 31, 2025 deadline.
This market will resolve to "Yes" if Donald Trump signs a bill into law or performs any executive action changing US tax law to eliminate capital gains tax on any cryptocurrency assets by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No". Such a bill must apply to US taxpaying persons in general; if a law applies only to specific companies or institutions, it will not qualify toward a "Yes" resolution to this market. If capital gains is eliminated only for specific types or classes of crypto assets (e.g., only Bitcoin or Ethereum, only American issued cryptocurrencies, or only NFTs), it will still count toward a "Yes" resolution for this market. If the bill is signed into law, or executive action is instituted before the resolution date, it will suffice to resolve this market to "Yes" regardless of when it takes effect. The primary resolution source for this market will be official information from the US federal government, however a consensus of credible reporting will also be used.
On Polymarket, this event is priced as a binary outcome reflecting the probability that Trump eliminates capital gains tax on crypto by the specified deadline. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The market price represents the consensus of traders betting on whether this policy will be enacted. Trading volume and order-book depth on Polymarket determine how easily positions can be entered or exited. The current odds reflect expectations about Trump's legislative priorities, Republican congressional support, and the timeline for tax reform. As new political developments emerge, traders adjust positions, moving the price to reflect updated probabilities.
This market resolves on Jan 1, 2027. Resolution depends on whether Trump has enacted an elimination of capital gains tax on cryptocurrency by that date. The outcome will be determined by official legislative records, executive actions, and regulatory filings. Traders should monitor congressional activity, tax reform proposals, and administration announcements leading up to the deadline. Any formal policy change that removes or substantially eliminates capital gains taxation on crypto transactions would trigger a positive resolution, while the absence of such action by the deadline would resolve negatively.
Key catalysts include Trump administration tax reform proposals, congressional budget reconciliation efforts, and statements from Treasury or IRS officials on crypto taxation. Republican legislative priorities and floor time allocated to tax bills will significantly impact odds. Crypto industry lobbying, public statements from Trump on digital assets, and market-friendly regulatory appointments could boost probability. Conversely, fiscal concerns, competing legislative priorities, or Democratic opposition could lower it. Major crypto market movements or industry scandals might also influence trader sentiment. Watch for committee hearings, bill introductions, and official policy announcements that clarify the administration's commitment to this specific tax change.
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