In a crypto conference, President-elect Donald Trump's son Eric Trump revealed plans to make certain American cryptocurrencies tax-free. The proposed plan would remove taxes on cryptocurrencies like $ALGO, $ADA, $XRP, and $HBAR, aiming to attract investors and support American technologies. Non-American cryptocurrencies would still be subject to a 37% tax. If the plan is executed, it could potentially boost the US crypto industry and strengthen the country's economy. However, the proposal has not been officially confirmed, and the heavy taxes on non-American cryptos may discourage global developers and investors.



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