President Trump wants to eliminate the Capital Gains Tax on cryptocurrencies issued by US companies.

* 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 such as $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. This is part of the Trump administration's strategy to make the US the leading center 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.