$XRP XRP Null Capital Gains Tax: A Game Changer
Eric Trump's announcement that cryptocurrencies based in the USA, including XRP, will be exempt from capital gains tax is a significant step for the crypto industry. This bold policy aims to promote domestic crypto projects and put Ripple's XRP in a favorable position against international competitors.
Under this plan, non-US crypto projects could be taxed up to 30%, while US-based projects like XRP would benefit from a zero tax rate. If this policy is implemented, it could fundamentally change the competitive landscape and attract more crypto companies to the USA.