At the Bitcoin MENA 2024 conference in Abu Dhabi, Eric Trump made a big announcement: US-originated cryptocurrencies will be exempt from taxes. This move will affect US-issued cryptocurrencies like Cardano (ADA), Algorand (ALGO), Ripple (XRP), Stellar (XLM), and Hedera Hashgraph (HBAR).
However, we have not heard any details directly from President Trump. If this information is true, it will have a big impact.