This week, there’s been some big news for U.S. based crypto projects. Eric Trump confirmed that U.S.-based projects like XRP and HBAR will eventually benefit from zero capital gains tax, while non-U.S.-based projects face a 30% tax. Additionally, Sen. Ted Cruz plans to use the Congressional Review Act to challenge a controversial IRS rule requiring DeFi brokers to report user data. Critics,...
source: https://www.thestreet.com/crypto/policy/eric-trump-confirms-u-s-based-crypto-projects-will-benefit-from-zero-capital-gains-tax