Crypto Industry Gains Influence in Trump's Second Term

Rumors suggest that the Trump administration may eliminate capital gains taxes on cryptocurrencies issued by U.S.-registered companies, potentially boosting domestic crypto investments and positioning the U.S. as a leader in digital assets. This policy could favor U.S.-issued cryptocurrencies like Cardano and Ripple, and align with broader industry expectations for crypto legislation. Additionally, there is speculation about U.S. states and other countries adopting Bitcoin Reserve laws, which could further influence the global crypto market.