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Eric Trump Confirms Zero Capital Gains Tax for U.S.-Based Crypto Projects Like XRP and HBAR, 30% for Non-U.S.
27 posts•Trump PolicyRegulationPoliticsCrypto
Eric Trump has reportedly confirmed that U.S.-based cryptocurrency projects, such as XRP and HBAR, will benefit from a zero capital gains tax, while non-U.S.-based projects will face a 30% capital gains tax. This policy, aimed at attracting global investment to American soil, could give these projects a competitive advantage. The Trump administration's move is part of a broader strategy to position the U.S. as a global hub for digital assets, amidst new IRS regulations set to take effect in 2025 that will require crypto brokers to report digital asset sales through Form 1099-DA.
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How will global crypto investment patterns change by 2025 due to U.S. tax policy?
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