Deep Tide TechFlow News, July 18, reported by The Block, White House Press Secretary Karoline Leavitt stated on July 17 that the Trump administration will continue to support the implementation of a 'de minimis exemption' policy for cryptocurrency transactions to make crypto payments more convenient and efficient. Such an exemption will relieve small everyday purchases (like 'buying a cup of coffee') from tax reporting obligations. Although a related amendment in the (One Big Beautiful Bill Act) signed on July 4 did not pass, the government still plans to explore new legislative solutions. Leavitt also revealed that the Trump administration is planning a signing ceremony for the stablecoin (GENIUS Act) that is about to pass Congress, aimed at making the U.S. the 'world capital of cryptocurrency.'