Eric Trump, son of U.S. President Donald Trump, has publicly claimed that U.S.-based cryptocurrency projects will face zero capital gains tax under a Trump administration, while non‑U.S. projects could be subject to a significantly higher rate, reportedly around 30%. These remarks, made in January 2025 and amplified in crypto media and commentary, frame the idea as a way to give U.S.-issued tokens such as Ripple’s XRP, Hedera (HBAR), Cardano (ADA), Solana (SOL), and Algorand (ALGO) a structural tax advantage over foreign projects, with the stated goal of attracting capital, talent, and blockchain development onshore. Some coverage and YouTube commentary have presented this as a major “win” already secured for U.S. crypto investors. However, tax and policy specialists emphasize that this is not an enacted policy or even a formal legislative proposal at the federal level. According to multiple tax-analysis firms, there is currently no bill before Congress implementing a 0% capital gains rate for crypto, no detailed White House or Treasury policy paper specifying how “U.S.-based” projects would be defined, and no confirmation that such a plan would have the necessary support in Congress. Existing U.S. rules therefore still apply: cryptocurrency is taxed as property, with gains subject to standard short‑ and long‑term capital gains rates, and income in crypto taxed as ordinary income. Analysts further note that even if a proposal emerged, it would face significant design challenges (such as project classification and enforcement) and political hurdles, and several experts currently rate the probability of full implementation as low. The discussion nonetheless highlights how crypto taxation has become a live issue in U.S. electoral politics and a potential tool for industrial policy aimed at the digital asset sector.

AI-generated background, compiled from web sources — not editorial content.

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