US President Donald Trump is hosting a high-stakes White House Crypto Summit on Friday that could shape the future of digital assets in the country. Experts believe that one potential announcement could be the elimination of capital gains taxes on cryptocurrency sales, which could encourage more trading and investment in digital assets. The summit may also discuss tax breaks for US-based crypto projects and incentives to bring blockchain developers back to the country. Another topic of discussion may be how to fund the US crypto reserve, which includes Ripple's XRP token, Solana, and Cardano. Some critics argue that these assets have little utility. The success of these initiatives could transform the American crypto landscape, attracting investors, builders, and projects back to the US. However, skeptics worry that government involvement in crypto markets could lead to unnecessary risks and inefficiencies. The summit's attendees could include Trump, crypto Czar David Sacks, and major figures from the industry, suggesting possible policy benefits or new government partnerships for specific tokens. The summit's outcomes will set the stage for the next phase of US crypto policy.



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