Eric Trump Confirms Zero Capital Gains Tax for U.S.-Based Crypto Projects, 30% for Non-U.S.
Jan 26, 2025, 01:40 AM
Eric Trump has confirmed that U.S.-based cryptocurrency projects will benefit from a zero capital gains tax, while non-U.S.-based projects will face a 30% capital gains tax, according to reports from The Street. This policy aims to attract global investment to American soil and could position the U.S. as a leading hub for cryptocurrency development. Projects such as XRP and HBAR are expected to benefit from this tax incentive.
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