#TrumpTaxCuts The Trump tax cuts, officially known as the Tax Cuts and Jobs Act (TCJA), did not specifically address cryptocurrency. However, the TCJA did provide some guidance on the taxation of digital assets.

Under the TCJA, cryptocurrency is considered a capital asset, and gains or losses from the sale or exchange of cryptocurrency are subject to capital gains tax. This means that if you sell or exchange cryptocurrency, you will need to report the gain or loss on your tax return and pay taxes on the gain.

The TCJA also introduced a new tax provision, known as the "de minimis" rule, which allows taxpayers to exclude up to $600 of gains from the sale of cryptocurrency from taxation. However, this rule only applies to gains from the sale of cryptocurrency that is held for more than one year.

It's worth noting that the taxation of cryptocurrency is still a developing area of law, and there may be additional guidance or regulations issued in the future. It's always a good idea to consult with a tax professional or financial advisor to ensure you are in compliance with all tax laws and regulations.