The United States is moving closer to a major tax reform in the world of cryptocurrencies. President Donald Trump has voiced strong support for exempting crypto transactions from capital gains taxes—especially when it comes to small payments. This could revolutionize how Americans use digital assets in everyday life.


🔹 Tax Relief for Small Transactions Under $600

During a recent briefing, a White House spokesperson confirmed that Trump supports a proposed de minimis exemption for crypto payments. This would allow everyday users to buy things like coffee or groceries with crypto—without needing to file tax returns for each transaction. The goal is to make digital currencies more practical for daily use, much like cash or debit cards.

“We want to make crypto payments simple and efficient,” the spokesperson said, adding that this is part of a broader effort to modernize the U.S. economy.


🔹 Trump’s Vision: Making the U.S. a Crypto Superpower

The proposal aligns with Trump’s broader plan to attract the crypto industry to the United States and strengthen the country's competitiveness in the global digital economy. It also echoes a bill introduced by Senator Cynthia Lummis, which calls for a $300 exemption for daily crypto transactions. The White House confirmed that the plan matches the President’s vision perfectly.


🔹 CLARITY Act Gains Momentum – Trump Ready to Sign

Meanwhile, Congress is voting on the CLARITY Act (HR 3633), a bill designed to clarify how digital assets will be regulated in the U.S. Trump has already expressed his support and is expected to sign it promptly if it passes both the House and Senate.

“We have the votes to get this bill to the President’s desk,” a White House official stated. The bill could become a turning point for the American crypto landscape.


🔹 Looking Abroad: Thailand, Portugal, Germany...

Trump’s stance is part of a growing global trend. Thailand recently announced that crypto transactions will be exempt from capital gains taxes until 2029.

Portugal remains a long-standing crypto haven, and Germany exempts crypto gains held for over a year.

Countries like Switzerland and Malta have also introduced favorable crypto tax regimes.


🔹 Conclusion

The U.S. President’s support for reducing the tax burden on crypto is a clear signal: America wants to attract capital, innovation, and talent tied to blockchain. If passed, this proposal could be a game-changer for crypto adoption in the everyday lives of Americans.

#TRUMP , #TrumpCrypto , #bitcoin , #CryptoAdoption , #USPolitics

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