#Trump100Days Donald Trump's crypto policies, particularly his proposal to eliminate capital gains taxes on US-made cryptocurrencies, could significantly impact the industry. Here's what we know so far :

- *Tax Exemption*: Trump's plan aims to exempt US-based crypto projects from capital gains taxes, potentially giving them a competitive edge over foreign counterparts facing up to 30% capital gains tax.

- *Domestic Crypto Growth*: This move could spur innovation, technological advances, and job opportunities in the US, positioning the country as a leader in the crypto space.

- *Tariffs on Foreign Cryptos*: Trump proposes imposing tariffs on foreign digital assets, which could protect American-made cryptocurrencies and discourage reliance on foreign digital currencies.

- *Potential Impact*:

- *Increased Investment*: Lower tax rates could encourage more investment in US-based crypto projects.

- *Market Bifurcation*: Non-US tokens might struggle, while US-issued tokens gain a competitive edge, potentially leading to increased market caps and liquidity.

- *Regulatory Risks*: Deregulation could increase risks of fraud and market volatility.

Some notable aspects of Trump's crypto policy include.

- *Zero Capital Gains Tax*: Eric Trump announced zero capital gains tax for US-based crypto projects like XRP and HBAR.

- *National Digital Asset Reserve*: Trump's administration has proposed a national digital asset reserve and shields the crypto industry from restrictive regulations.

- *SEC Leadership*: Trump-appointed SEC leadership has reversed policies, allowing banks to hold cryptocurrencies without prohibitive costs.

Keep in mind that the impact of Trump's policies on the crypto market will depend on various factors, including the specifics of the tax laws and regulations implemented.