Foreign media: Eric Trump, son of Trump, confirms that domestic cryptocurrency projects in the U.S. will enjoy zero capital gains tax

ChainCatcher news, according to The Street, Eric Trump, the son of Trump, recently confirmed that domestic crypto projects in the U.S. such as XRP and HBAR will enjoy a zero capital gains tax in the future, while non-U.S. projects will face a 30% tax rate.

At the same time, Senator Ted Cruz plans to challenge a controversial IRS rule using the Congressional Review Act, which requires DeFi brokers to report user data and transaction income. Cruz believes this rule hinders innovation, infringes on privacy, and increases the compliance burden on decentralized platforms.