Eric Trump Confirms Zero Capital Gains Tax Policy for U.S. Crypto Projects
Eric Trump Confirms US Crypto Projects Will Enjoy Zero Capital Gains Tax:
1. According to a report by The Street, Eric Trump stated that US crypto projects such as $XRP and $HBAR will enjoy zero capital gains tax in the future, while non-US projects will face a 30% tax rate.
2. Senator Ted Cruz plans to challenge a controversial IRS rule that requires DeFi brokers to report user data and transaction income using Congressional review procedures. Cruz believes this rule hinders innovation, infringes on privacy, and increases the compliance burden on decentralized platforms.
Eric Trump Confirms Zero Capital Gains Tax Policy for U.S. Crypto Projects
Eric Trump Confirms US Crypto Projects Will Enjoy Zero Capital Gains Tax:
1. According to a report by The Street, Eric Trump stated that US crypto projects such as XRP and HBAR will enjoy zero capital gains tax in the future, while non-US projects will face a 30% tax rate.
2. Senator Ted Cruz plans to challenge a controversial IRS rule that requires DeFi brokers to report user data and transaction income using Congressional review procedures. Cruz believes this rule hinders innovation, infringes on privacy, and increases the compliance burden on decentralized platforms.
