Donald Trump's proposed tax policy aims to make "Made in USA" cryptocurrencies tax-free in terms of capital gains, potentially boosting U.S.-based crypto projects and attracting investors seeking to reduce their tax burdens. However, this policy could create a competitive disadvantage for foreign crypto projects, potentially fragmenting the global crypto ecosystem. Senator Ted Cruz is also raising concerns over a new IRS regulation targeting decentralized finance platforms, arguing that it hinders innovation and jeopardizes user privacy. His proposal to reverse the regulation may pave the way for a more decentralized and privacy-focused regulatory framework.



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