- Coinbase said it has asked the US Internal Revenue Service (IRS) to allow cryptocurrency and related financial product investments in Trump Accounts.
- Coinbase said Trump Accounts should broaden their investment scope to include digital assets or funds that invest in digital assets, expanding competition among financial firms and opportunities for diversification.
- Trump Accounts currently can invest only in mutual funds and ETFs tracking stock indexes centered on US companies, and do not include cryptocurrencies such as Bitcoin or crypto ETFs.
Coinbase Urges IRS to Allow Crypto Investments in Trump Accounts
Coinbase is urging the IRS to permit cryptocurrency investments in Trump Accounts, according to the report. The article excerpt does not provide details on the accounts, the specific assets involved, or the IRS’s response.
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Sep 26, 2026 at 1:26 AM UTC · 2 dk okuma
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Coinbase, the largest US cryptocurrency exchange, said it has asked the Internal Revenue Service to allow Trump Accounts to invest in digital assets, arguing the children’s asset-building accounts should be expanded beyond low-cost funds that track US stock indexes to include cryptocurrencies and related financial products.
Coinbase Chief Policy Officer Faryar Shirzad said on September 25 that the company had submitted a comment letter to the IRS on the implementation and expansion of Trump Accounts. He wrote that the accounts should be allowed to hold actively traded digital assets or funds that invest in digital assets.
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