President Trump is planning to eliminate all capital gains taxes on cryptocurrencies issued by US companies, which would make profits from holding crypto assets such as Cardano ($ADA), Algorand ($ALGO), Ripple ($XRP), and Hedera ($HBAR) tax-free. This move is part of Trump’s vision to make America the “crypto capital of the world” and could potentially transform the crypto industry, attracting investors and businesses to the US.
Other countries, such as the UK, may also strengthen their crypto regulatory stance in response to this move.
