"At the Bitcoin MENA Conference, Eric Trump announced that US-based cryptocurrencies XRP, ADA, ALGO, and HBAR will be exempt from taxation under Trump’s administration."
"At the Bitcoin MENA Conference, Eric Trump announced that US-based cryptocurrencies XRP, ADA, ALGO, and HBAR will be exempt from taxation under Trump’s administration."
Is there a US-based cryptocurrency?
"At the Bitcoin MENA Conference, Eric Trump announced that US-based cryptocurrencies XRP, ADA, ALGO, and HBAR will be exempt from taxation under Trump’s administration."
Apparently!
So, they are in a way taken ownership of those cryptocurrency and gradually they will take full control of the operations of those chains.
I guess we'll find out how decentralized they actually are!
I've got the #hunch that they still gonna envy $BTC or $HIVE
Those are some items you should watch out for #now.
!BBH
Too true, but if I get a tax break then I might begrudgingly use them "on paper" 😜
What does "US-based" mean in this context?
"At the Bitcoin MENA Conference, Eric Trump announced that US-based cryptocurrencies XRP, ADA, ALGO, and HBAR will be exempt from taxation under Trump’s administration."
i 💯 agree with you
a centralised crypto token would be worse than fiat i think.