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President Trump’s Proposed Remittance Tax is Pushing Bitcoin Adoption


President Donald Trump’s proposed remittance tax, which would levy additional fees on money being sent outside of the United States in an effort to curb immigration, could have the end effect of driving cryptocurrency adoption.

While much of the geopolitical focus of cryptocurrency has been on the development of Brexit and the potential impact on the Euro and British Pound, a story developing in the United States could have widespread ramifications for the industry.

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