Eric Trump has announced that U.S.-based crypto projects will be exempt from capital gains tax, while non-U.S.-based projects will face a 30% capital gains tax. The exemption is aimed at fostering more onshore innovation and positioning the United States as a global leader in blockchain and digital assets. The news is expected to attract existing and new crypto projects to establish their operations in the U.S., giving U.S.-based projects a competitive edge over offshore counterparts. However, the announcement has raised concerns about potential market imbalances, as offshore jurisdictions have long offered favorable tax treatment to cryptocurrency companies. The implementation of the tax policy will require careful orchestration and close scrutiny of overall market dynamics.



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