At the Bitcoin MENA 2024 Conference, Eric Trump announced that U.S.-issued cryptocurrencies, including XRP, ADA, ALGO, and HBAR, will be exempt from taxation under his father's administration. This initiative aims to position the U.S. as a global crypto hub, contrasting with Italy's high capital gains tax on Bitcoin. The proposal is expected to attract non-U.S. crypto projects and potentially boost the market, although experts warn of possible volatility.