Why is no one talking about this
This is a big deal for Algo and other US based crypto currencies. Too bad Algo wasn’t mentioned in the same sentence as XRP and HBAR but still an amazing development for investors in ALGO, XRP and HBAR.
According to various sources, Eric Trump allegedly confirmed that U.S.-based crypto projects would be exempt from capital gains tax. Moreover, a 30% capital gains tax would be levied on non-U.S.-based projects. The announcement specifically mentioned well-known projects like XRP (Ripple Labs) and HBAR (Hedera Hashgraph Network).