The Trump administration remains firmly in favor of tax exemptions for small crypto transactions and plans to promote relevant legislation

By: odaily.com|2025/07/18 05:50:51

0

Share

Odaily News White House press secretary Karoline Leavitt said the Trump administration still firmly supports the tax exemption policy for small cryptocurrency transactions and will continue to promote relevant legislation in the future. Although the previous attempt to include the tax exemption clause in the Big and Beautiful Act was not passed, the government believes that the policy will help simplify the crypto payment process and encourage daily use.

You may also like

B.AI partners with MiniMax to launch a limited-time free experience of M3, enabling zero-threshold implementation of Agentic productivity through full-stack infrastructure

B.AI partners with MiniMax to launch a limited-time free experience of M3, enabling zero-threshold implementation of Agentic productivity through full-stack infrastructure

B.AI and MiniMax launch a limited-time free offer for M3, allowing access to top-tier large model core computing power with no threshold.

The second half of the computing power battle: Intel CEO Pat Gelsinger reveals how AI is reshaping the global semiconductor supply chain

The second half of the computing power battle: Intel CEO Pat Gelsinger reveals how AI is reshaping the global semiconductor supply chain

Intel CEO Pat Gelsinger's latest discussion: The AI computing power battle has gone beyond the single-point competition of GPUs; the ultimate trump card is to comprehensively restructure the semiconductor supply chain and solve the systemic bottlenecks in advanced manufacturing.

WEEX Live mode: Monitor 20 trading pairs at once and trade like a pro

WEEX Live mode: Monitor 20 trading pairs at once and trade like a pro

WEEX Live mode: Multi-screen desktop layout for 20 pairs, TradingView charts, one-click layout, and smart guides. Trade like a pro now.

Morning Report | Secret Network loses $4.67 million due to cross-chain vulnerability; Michael Saylor releases Bitcoin Tracker information again, may disclose increased holdings data next week

Morning Report | Secret Network loses $4.67 million due to cross-chain vulnerability; Michael Saylor releases Bitcoin Tracker information again, may disclose increased holdings data next week

Overview of Important Market Events on June 21

Kalshi's biggest competitor is not Polymarket

Kalshi's biggest competitor is not Polymarket

The competitive logic of the prediction market has changed.

WEEX Makes Affiliate Access Easier on the Web and in the App

WEEX Makes Affiliate Access Easier on the Web and in the App

WEEX now provides a smoother way to access affiliate-related pages on the web and in the app. Users can find the Affiliate entry more easily and go to the right page based on their login and affiliate status.

Customize Your Spot Trading Page: Drag Modules and Move the Order Panel Where You Want It

Customize Your Spot Trading Page: Drag Modules and Move the Order Panel Where You Want It

Set up your WEEX Spot trading page around the way you trade. Drag supported modules, show or hide key panels, move the order panel to the left or right, and use “Reset layout” at any time to return to the default setup.

Perp DEX: The Next Generation Exchange "War"

Perp DEX: The Next Generation Exchange "War"

This "war" has just begun.

10 Counterintuitive Insights on Latin American Payments

10 Counterintuitive Insights on Latin American Payments

10 conclusions about payments that contradict mainstream beliefs: crypto cards rely on high-net-worth individuals rather than retail, QR codes are replacing cards, stablecoin profits are competing to go to zero, and Latin American regulation is actually 5 years ahead of the United States.

The AI gamble of mining companies: Valuations enter a phase of differentiation, and it's hard to turn the tide

The AI gamble of mining companies: Valuations enter a phase of differentiation, and it's hard to turn the tide

This gamble of transforming into AI is testing the financial strength and execution capability of mining companies.

A letter from Alliance to entrepreneurs: Written on the occasion of Cursor selling for 60 billion dollars

A letter from Alliance to entrepreneurs: Written on the occasion of Cursor selling for 60 billion dollars

Great companies are forged before they become obvious.

Stablecoins Finally Find Real Returns: On-Chain Reinsurance Re Explained | Interview with Re Founder Karan Saroya

Stablecoins Finally Find Real Returns: On-Chain Reinsurance Re Explained | Interview with Re Founder Karan Saroya

This on-chain reinsurance platform absorbs stablecoins from DeFi, uses them as collateral to underwrite for American insurance companies, collects premiums, and returns the profits to on-chain depositors.

The impossible triangle is simply a pseudo problem

The impossible triangle is simply a pseudo problem

A long time ago, the cryptocurrency industry found its true purpose. But ironically, the path it built for this purpose excluded almost everyone who would actually use it.

Will MicroStrategy fall into a death spiral? What will the macro trend be in the second half of the year?

Will MicroStrategy fall into a death spiral? What will the macro trend be in the second half of the year?

The cryptocurrency industry may gradually shift from the hype of native altcoins to real asset tokenization, on-chain machine economy, and a more mature industrialization phase.

Blockchain Capital Partner: The Core Secret of Arbitrage

Blockchain Capital Partner: The Core Secret of Arbitrage

On cold starts, breaking the circle, and the toughest hurdle for founders to overcome.

STRC unanchored by 11%, can the perpetual motion machine of Strategy still operate?

STRC unanchored by 11%, can the perpetual motion machine of Strategy still operate?

Beyond the leverage crunch, what is even more concerning is the liquidity reserves of the Strategy.

Bitcoin Market Analysis 2026: Can BTC Reach $150K by Year-End?

Bitcoin Market Analysis 2026: Can BTC Reach $150K by Year-End?

Bitcoin price prediction 2026: Can BTC hit $150,000 by year-end? Explore Fed policy, Kevin Warsh's stance, Bitcoin ETF flows, exchange data, and BTC market forecasts.

Bitcoin ETF Outflows Hit a Record $4.4 Billion: What Are Traders Doing With Their Cash?

Bitcoin ETF Outflows Hit a Record $4.4 Billion: What Are Traders Doing With Their Cash?

Bitcoin ETFs lost $4.4 billion over 13 trading days, raising questions about market sentiment and Bitcoin's bottom. Here's what Standard Chartered is watching and how traders are managing idle stablecoin balances during uncertain markets.

B.AI partners with MiniMax to launch a limited-time free experience of M3, enabling zero-threshold implementation of Agentic productivity through full-stack infrastructure

B.AI and MiniMax launch a limited-time free offer for M3, allowing access to top-tier large model core computing power with no threshold.

The second half of the computing power battle: Intel CEO Pat Gelsinger reveals how AI is reshaping the global semiconductor supply chain

Intel CEO Pat Gelsinger's latest discussion: The AI computing power battle has gone beyond the single-point competition of GPUs; the ultimate trump card is to comprehensively restructure the semiconductor supply chain and solve the systemic bottlenecks in advanced manufacturing.

WEEX Live mode: Monitor 20 trading pairs at once and trade like a pro

WEEX Live mode: Multi-screen desktop layout for 20 pairs, TradingView charts, one-click layout, and smart guides. Trade like a pro now.

Morning Report | Secret Network loses $4.67 million due to cross-chain vulnerability; Michael Saylor releases Bitcoin Tracker information again, may disclose increased holdings data next week

Overview of Important Market Events on June 21

Kalshi's biggest competitor is not Polymarket

The competitive logic of the prediction market has changed.

WEEX Makes Affiliate Access Easier on the Web and in the App

WEEX now provides a smoother way to access affiliate-related pages on the web and in the app. Users can find the Affiliate entry more easily and go to the right page based on their login and affiliate status.

Popular coins

Latest Crypto News

17:42

Data: USDC Treasury has minted 250 million USDC on the Solana chain

According to Whale Alert monitoring, at 17:26 Beijing time, USDC Treasury has minted an additional 250 million USDC on the Solana chain.

17:42

One-stop stablecoin wallet UU Wallet fully upgrades its agency system

UU Wallet officially announced today a comprehensive upgrade to its agency system, fully delegating reward eligibility to every user. After users meet the corresponding conditions, the system will automatically upgrade their status, which will remain valid long-term and will not be downgraded. The h...

17:42

Japan plans to invest 105 trillion yen in the field of physical AI to address the labor shortage issue

According to the Nikkei Asia report, the Japanese government recently announced plans to achieve over 370 trillion yen (approximately 15.59 trillion yuan) in public-private joint investment in 17 strategic areas by fiscal year 2040. Among these, approximately 10.5 trillion yen (about 442.3 billion y...

17:42

Catcher Predict: "Argentina vs. Austria" giant whale single bet of 134,000 USD on "Argentina"

According to on-chain data monitored by Catcher Predict, significant capital movements are predicted in the market Polymarket. A large whale invested $134,000 in "Argentina" during the "Argentina vs. Austria" event. Based on the current transaction price, the latest corresponding winning probability...

16:42

Data: Indicators show that Bitcoin has reached a deep area for forming a periodic bottom

Analyst Gaah cited CryptoQuant data stating that the Bitcoin cycle momentum indicator shows that the current bear market has not yet ended. This indicator has not risen above the neutral zone (0), so the bear market continues. The indicator has reached the -30 point range, which historically is a de...