The Trump administration still firmly supports tax exemptions for small cryptocurrency transactions and plans to push for relevant legislation

According to Golden Finance, White House Press Secretary Karoline Leavitt stated that the Trump administration remains steadfast in its support for tax exemptions for small cryptocurrency transactions and will continue to push for relevant legislation in the future. Although previous attempts to include the tax exemption clause in the "Big and Beautiful Act" were unsuccessful, the government believes that the policy will help simplify the process of encrypted payments and encourage daily use.