Triump’s Crypto Plan: No Capital Tax on US Crypto, Bitcoin Reserve Asset, Nation State Adoption

President Trump’s administration reportedly plans to eliminate capital gains taxes on cryptocurrencies issued by U.S.-registered companies. If enacted, this move would exempt American investors from taxes on profits gained from holding certain digital assets. Should it happen, this shift could drive significant capital inflows toward US-based cryptocurrencies and bolster domestic economic incentives, aligning with the administration’s objective to establish the United States as a global leader in the digital assets sector.

According to ColdAI founder Shayan Salehi, a Trump Transition Team member stated that the legislation would only apply to assets issued by entities that registered within US borders before their tokens’ issuance. However, an outlined relocation pathway would allow foreign entities to reestablish in the US to benefit from this exemption.

Should it materialize, the policy is positioned as a transformative advantage for U.S.-issued cryptocurrencies, including Cardano (ADA), Algorand (ALGO), Ripple (XRP), and Hedera Hashgraph (HBAR), which may gain considerable market appeal over foreign tokens. The policy would align with industry expectations. Former SEC head Jay Clayton commented to Reuters that:  “I think we will see crypto legislation, I think it becomes much easier to have crypto legislation if you’re tackling some of these problems that can be tackled at the executive and the administrative level.”