Trump Denies Pardon to SBF Despite 5 High-Profile Crypto Clemencies in 2025
President Donald Trump has unveiled a new policy idea that could really shake up digital assets in the US economy...
Quick overview
- President Trump has proposed eliminating transaction-level taxes on cryptocurrencies, which could reduce regulatory hurdles and encourage everyday use.
- Currently, every crypto transaction is treated as a taxable event, complicating daily transactions and discouraging adoption.
- A tax-free environment could enhance the user experience for XRP, making it a viable option for regular commerce and attracting crypto investors to the US.
- If implemented, this policy could lead to increased adoption of crypto payments, more wallets, and higher transaction volumes on XRP networks.
President Donald Trump has unveiled a new policy idea that could really shake up digital assets in the US economy. He’s proposing to get rid of the transaction-level taxes on cryptocurrencies like Bitcoin, Ethereum, and XRP – and if they go through with it, it could offer a huge reduction in regulatory hurdles that are right now discouraging people from using these things to make everyday purchases.
Right now, tax rules treat every single crypto transaction as a taxable event, which means people have to track every gain and loss they make – even on tiny little buys and sells. That makes it really hard to use these things in day-to-day life. Repealing transaction taxes would send a signal that digital assets are more than just speculative investments – they can actually be useful tools for making payments.
Getting XRP Ready for Everyday Payments
XRP is built for speed and low costs, often getting transactions done in seconds for almost nothing. A tax-free structure would give it an extra advantage by eliminating the paperwork hassles for people making many small transactions.
Read this: Trump flat-out refused to pardon SBF (the FTX founder who committed $11 billion in fraud), even though his parents begged him to.
SBF was put in the same group as Diddy, Maduro, and Menendez, who showed no mercy. In the meantime, Ulbricht and CZ were given clemency. pic.twitter.com/ialmgQ89ys
— Mizzella (@mizzelaalphax) January 10, 2026
Some of the potential outcomes we could see from XRP’s adoption include:
- More everyday people are using it for buying and selling with each other
- Merchants would have lower costs to deal with the rules
- And it would be a lot easier to make tiny payments and service charges
Crypto analyst Paul Barron has said that if there were no transaction taxes, it would greatly improve the user experience and make XRP a real option for regular commerce – rather than just some weird niche financial thing.
What A Zero Tax Environment Could Do for the US
A zero-transaction tax model could also make the US much more attractive to crypto investors. Places like Dubai, Singapore, and Hong Kong are already ahead of the game when it comes to making it easy for people to do business with crypto.
According to market observer Armando, people want to make simple, predictable decisions about where to put their money.
By making it easier to deal with all the rules, the US could attract many of the blockchain companies and developers currently working offshore.
Ripple and The Future of Crypto Infrastructure
For Ripple, a more relaxed tax environment could really help get its XRP-based solutions adopted more widely by businesses. That would mean they’d have an easier time integrating crypto payments without the tax headaches.
Some of the potential long-term effects would include:
- More wallets and ways to get money onto crypto platforms
- Higher transaction volumes on XRP networks
- And all sorts of benefits for stablecoins and blockchain-based payments
If this proposal actually happens, it could mark a major shift, turning cryptocurrencies into practical tools you can use in your daily life and making the US a real player in the global crypto market.
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