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Foreign Media: Eric Trump, Son of Donald Trump, Confirms US-based Crypto Project Will Enjoy Zero Capital Gains Tax
2025-01-26 09:35
BlockBeats News, January 26th, according to The Street, Eric Trump, the son of former President Donald Trump, recently confirmed that US-based crypto projects such as XRP and HBAR will enjoy zero capital gains tax in the future, while non-US 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 hampers innovation, violates privacy, and increases compliance burdens on decentralized platforms.
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2025-02-24
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