Currencies38131
Market Cap$ 2.27T-0.11%
24h Spot Volume$ 25.74B+6.79%
DominanceBTC56.52%+0.25%ETH9.59%+0.90%
ETH Gas0.10 Gwei
Cryptorank
/

US crypto investors miss out on billions in airdrop profits due to restrictive regulations, report finds


US crypto investors miss out on billions in airdrop profits due to restrictive regulations, report finds

Share:

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner
  • U.S. traders have missed out on $1.84B–$2.64B in airdrops from 2020 to 2024
  • Government lost an estimated $525M–$1.38B in potential tax revenue
  • Geopolitical restrictions and regulatory uncertainty continue to block U.S. users from lucrative airdrops

Crypto airdrops have generated huge profits, but just not for U.S. users. DragonFly’s new report reveals how US investors missed out on nearly $2.64 billion in potential airdrop gains from 2020 to 2024 due to geopolitical bans. The research showed how strict regulations and compliance barriers have prevented U.S. users from taking part in major token distributions, leaving them unable to benefit from free crypto windfalls.  

This regulatory lack of clarity not only affects individual traders financially, but even the U.S. government is missing out on roughly $525 million to $1.38 billion in tax revenue from geo-blocked airdrops. 

Not to forget the loss of corporate tax revenue from offshore migration. One such example is Tether, which reported a $6.2 billion profit in 2024, surpassing even BlackRock. If it was U.S.-based, this would generate an estimated $1.3 billion in federal corporate tax and $316 million…

The post US crypto investors miss out on billions in airdrop profits due to restrictive regulations, report finds appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 0.99931

+0.01%

$ 0.101

-1.69%

$ 0.000161

$ 0.00331


Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

In This News

Coins

$ 0.99931

+0.01%

$ 0.101

-1.69%

$ 0.000161

$ 0.00331


Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

Read More

3 Trump Moves That Shook Markets This Week

3 Trump Moves That Shook Markets This Week

In Brief Trump’s Iran escalation sent crude oil prices up by nearly 5%. His Spain t...
Bitcoin Hits Record Oversold Level Against Gold, Echoing a 660% Rally

Bitcoin Hits Record Oversold Level Against Gold, Echoing a 660% Rally

In Brief Bitcoin just hit its most oversold level against gold on record, according ...