According to Foresight News and reported by The Street, Eric Trump, the son of former President Donald Trump, recently stated that domestic cryptocurrency projects in the U.S. (such as XRP and HBAR) will enjoy zero capital gains tax in the future, while non-U.S. projects will face a tax rate of 30%. Additionally, Senator Ted Cruz plans to challenge the controversial regulation from the IRS requiring DeFi brokers to report user data using the Congressional Review Act.

According to Foresight News and reported by The Street, Eric Trump, the son of former President Donald Trump, recently stated that domestic cryptocurrency projects in the U.S. (such as XRP and HBAR) will enjoy zero capital gains tax in the future, while non-U.S. projects will face a tax rate of 30%. Additionally, Senator Ted Cruz plans to challenge the controversial regulation from the IRS requiring DeFi brokers to report user data using the Congressional Review Act.