The Trump administration remains firmly supportive of tax exemptions for small cryptocurrency transactions and plans to promote relevant legislation.

White House Press Secretary Karoline Leavitt stated that the Trump administration remains firmly supportive of tax exemptions for small cryptocurrency transactions and will continue to promote relevant legislation in the future. Although previous attempts to include this tax exemption clause in "The big, beautiful bill" were unsuccessful, the government believes that this policy will help simplify crypto payment processes and encourage daily use. [Odaily Planet Daily]