Time：2025-01-26 Click：799
According to Odaily, attorney John E. Deaton commented on X regarding the potential implementation of a zero capital gains tax for U.S.-based cryptocurrency projects. Deaton highlighted the need for clarity on which crypto projects qualify as U.S.-based and what constitutes being headquartered in the United States. For instance, while Solana Labs is headquartered in San Francisco, the Solana Foundation is based in Geneva, Switzerland. Similarly, Tezos was developed by Arthur and Kathleen Breitman in the U.S., but its foundation is located in Switzerland. On the surface, cryptocurrencies like XRP, XLM, HBAR, XCH, and AVAX appear to meet the criteria. Additionally, it remains unclear whether U.S. companies involved in cryptocurrency, crypto mining enterprises, or those adopting Bitcoin and/or crypto reserve policies would also benefit from this tax reduction policy.
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