Trump’s ‘big beautiful bill’ may get a ‘hail Mary’ Bitcoin tax exemption

Senators, led by Cynthia Lummis, are rushing to add a pro-crypto amendment to President Trump’s budget bill, which could create tax exemptions for small crypto transactions, alongside clarifying the taxation of staking rewards.

With a deadline approaching, the decision is expected before Monday’s adjournment, highlighting the urgency of enacting potential tax benefits for crypto transactions.

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