#ZeroTAX 🚨 Breaking News: Eric Trump confirms U.S.-based crypto projects will benefit from zero capital gains tax! 💸 This bold move aims to transform America into the ultimate crypto hub, attracting investors and innovation. 🇺🇸💎

In a recent announcement, Eric Trump confirmed that the incoming administration plans to eliminate capital gains taxes on U.S.-based cryptocurrencies, including Algorand (ALGO), Cardano (ADA), Ripple (XRP), and Hedera Hashgraph (HBAR). This initiative aims to position the United States as a global leader in the cryptocurrency space by incentivizing investment in domestic digital assets.

The proposed policy would make profits from holding these U.S.-issued cryptocurrencies tax-free, enhancing their appeal to investors. Additionally, it encourages non-U.S. crypto projects to relocate their operations to the United States to benefit from the tax exemption, fostering innovation and providing a competitive edge for American digital assets.

This move is part of a broader strategy to transform the U.S. into a global hub for cryptocurrency by attracting investment and innovation. However, the implementation details and the exact scope of this policy remain subjects for further clarification.