The Trump administration remains firmly in favor of tax exemptions for small crypto transactions, and plans to promote relevant legislation
2025-07-17 20:59:10
White House press secretary Karoline Leavitt said that the Trump administration remains firmly in favor of a tax exemption for small transactions in cryptocurrencies and will continue to push for relevant legislation in the future. Although previous attempts to include the tax exemption clause in the "Big and American Act" failed, the government believes that the policy will help simplify the crypto payment process and encourage daily use.
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