Rumored 0% Capital Gains Tax on US-Based Crypto Projects 👇👇
Speculation is growing around the possibility of President-elect Donald Trump implementing a 0% capital gains tax on cryptocurrencies issued by US-based companies. If enacted, this policy could have profound implications for the crypto market, incentivizing investment and adoption of domestic blockchain projects.
Key Insights
Potential Tax Policy: A 0% capital gains tax on US-issued cryptocurrencies could attract both institutional and retail investors, boosting the market and providing a competitive edge for US-based projects.
US-Based Crypto Companies: According to Crunchbase, 2,949 crypto companies are identified as US-based.
Popular US-Based Crypto Projects
Below are some notable blockchain projects headquartered in the US:
Cardano (ADA)
Uniswap (UNI)
Mina Protocol (MINA)
Avalanche (AVAX)
Stacks (STX)
The Graph (GRT)
injective (INJ)
Ampleforth (AMPL)
Arkham (ARKM)
Agoric
Axelar (AXL)
Eigenlayer
Compound (COMP)
Dfinity (ICP)
Flare (FLR)
Lido (LDO)
Manta Network
Rio
Market Implications
If these rumors materialize, the tax relief could serve as a major catalyst for US-based blockchain projects, driving both innovation and adoption. Investors and industry stakeholders will closely monitor this development for confirmation and policy details.
Such an initiative would further position the US as a leader in cryptocurrency development and investment.