Foreign media: Eric Trump, the second son of Donald Trump, confirms that domestic cryptocurrency projects in the United States will enjoy zero capital gains tax.
According to BlockBeats, on January 26, The Street reported that Eric Trump, the second son of Donald Trump, recently confirmed that domestic U.S. crypto projects such as $XRP and $HBAR will enjoy zero capital gains tax in the future, while non-U.S. projects will face a 30% tax rate.
Meanwhile, Senator Ted Cruz plans to challenge a controversial IRS rule using the Congressional Review Act, which requires DeFi brokers to report user data and transaction income. Cruz believes this rule hinders innovation, infringes on privacy, and increases the compliance burden on decentralized platforms.
Foreign media: Eric Trump, the second son of Donald Trump, confirms that domestic cryptocurrency projects in the United States will enjoy zero capital gains tax.
According to BlockBeats, on January 26, The Street reported that Eric Trump, the second son of Donald Trump, recently confirmed that domestic U.S. crypto projects such as XRP and HBAR will enjoy zero capital gains tax in the future, while non-U.S. projects will face a 30% tax rate.
Meanwhile, Senator Ted Cruz plans to challenge a controversial IRS rule using the Congressional Review Act, which requires DeFi brokers to report user data and transaction income. Cruz believes this rule hinders innovation, infringes on privacy, and increases the compliance burden on decentralized platforms.
