In a move to boost crypto innovation and investment, the Trump administration is reportedly considering a major tax break for cryptocurrency projects. According to multiple reports, Eric Trump, son of President Donald Trump, has suggested that the administration could introduce a zero capital gains tax policy for US-based crypto projects.
Eric Trump reportedly confirmed that Made in USA crypto projects—including XRP and HBAR—would qualify for the zero capital gains tax rate.
The announcement has sparked excitement across the crypto industry, with many believing that this move would make US-based crypto projects significantly more attractive to investors and developers.
However, reports indicate that non-US crypto projects will not receive the same tax relief. Instead, Eric Trump suggested that foreign crypto projects could be subject to a 30% capital gains tax.
Industry experts believe this stark tax contrast is designed to incentivize companies to set up operations in the US, strengthening the country’s position as a global leader in blockchain and cryptocurrency.
The total market cap of the Made in USA crypto category is currently $550 billion, with a 24-hour trading volume of $37.47 billion.
The top 10 US-linked cryptocurrencies by market cap include:
Recent 30-day price trends for key US-based cryptos:
If implemented, the Trump administration’s crypto tax policy could revolutionize the industry, making the US a global hub for blockchain innovation. While the tax incentives favor domestic projects, they also present challenges for non-US companies, potentially reshaping the global cryptocurrency landscape.
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