* Capital Gains Tax is a tax assessed on the positive difference between the selling price of an asset and its original purchase price.
If this policy is implemented, Americans will not have to pay taxes on profits from holding crypto assets like $ADA, $ALGO, $XRP, and $HBAR
However, there will also be a process to allow foreign companies to relocate to the US to benefit from this regulation, which is part of the Trump administration's strategy to make the US a leading hub for cryptocurrencies.
If this policy is implemented, US-originated cryptocurrencies will become an attractive investment for Americans, as they will not have to pay up to 37% tax on profits.
