The cryptocurrency sector in the United States faces two significant developments. According to Eric Trump, son of the 47th President Donald Trump, US-based projects like Solana 
$226 (SOL ($156.50)), XRP ($2.23), Cardano 
$0.877776 (ADA ($0.53)), and Hedera (HBAR ($0.17)) will soon be exempt from capital gains tax. In contrast, foreign projects may encounter taxes of around 30%. Additionally, Senator Ted Cruz has moved to repeal a controversial IRS rule requiring decentralized finance (DeFi) protocols to share user data, arguing that it stifles innovation and violates privacy.
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