🇺🇸 The Senate approved Trump's 'Big Beautiful Bill', but without benefits for cryptocurrencies
Donald Trump's bill passed the Senate with Republican votes. The decisive vote was added by Vice President JD Vance. The document provides for tax breaks on tips and overtime, an increase in defense spending, and the allocation of billions of dollars for border security. At the same time, there is a reduction in social programs.
There are no expected crypto amendments in the final text. Senator Cynthia Lummis's initiatives - exempting small transactions from taxes and delaying taxation on staking and mining - were not even considered.
Now the bill must pass the House of Representatives. Trump wants to sign it before July 4.