Top US-Based Cryptos: Will They Benefit Under Trump?

"the wheels of these policies were recently set in motion when Trump signed various executive orders one of which created the Presidential working group on digital asset markets"

"the working group shall evaluate the potential creation and maintenance of a national digital asset stockpile and propos criteria for establishing such a stockpile potentially derived from cryptocurrencies lawfully seized by the federal government through its enforcement efforts"

"the Senate Banking Committee where Senator santhia lamus was recently appointed as chair will begin drafting legislation that allows the US government to purchase new BTC this will likely be for 1 million BTC to be purchased over 5 years as per the Bitcoin Act of 24"

"selecting Pro crypto SEC commissioner Hest Pierce to lead a brand new crypto task force or working alongside the Department of government efficiency aka the Doge Trump's Administration also recently revoked the Sab 121 rule which basically means that banks will now be able to offer crypto custody services"

"the improving regulatory landscape for crypto in the US could even cause dozens if not hundreds of crypto projects to return to the US in case it wasn't clear enough the land of the free was not the best place for crypto projects and companies over the last few years as a result many of them chose to Simply move offshore to other countries that were more welcoming"

"we also think that the made in the USA narrative could create an incentive for other jurisdictions to become more Pro crypto in order to compete possibly including anti- crypto jurisdictions such as China"

"it stands to reason that any policies introduced would likely work in Sal's favor which could of course cause Soul's price to Rally"

"Eric suggested that us-based cryptos could benefit from zero capital gains tax on the other hand he seemed to suggest that crypto project based outside of the US would be subject to higher rates of capital gains tax at around 30%"

"there's the option to introduce something called Dem Minimus exemptions which is basically a small tax-free thresold for daily transactions"

"alternatively the us could introduce holding carod exemptions similar to countries like Germany or Portugal where any crypto huddled for over 12 months is tax-free"

"or the us could introduce friendlier tax policies for crypto Mining and on stake in rewards"