🚨 **BREAKING: Lummis Introduces Major Crypto Tax Reform in Trump’s Economic Bill#OneBigBeautifulBill

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On june 30Senator CynthiaLummis* announced a big move to change how crypto is taxed in the US — to make America the **world’s Bitcoin and digital assets leader**.

> “It’s time to stop this unfair tax treatment and make America the world’s Bitcoin and Crypto Superpower,” Lummis said on X

She’s adding crypto-friendly language into Trump’s “#OneBigBeautifulBill — a 1,000+ page reconciliation package that’s the centerpiece of the former President’s economic plan. With a Friday deadline, Republicans are rushing to pass it.

🔑 **Here’s what’s in Lummis’ proposal:**

✅ De Minimis Tax Exemption**: No tax reporting on crypto transactions under *$300*

💰 Annual Cap: Up to $5,000 in tax-free crypto activity per year

🛠️Staking & Mining Reform: Rewards taxed only when sold, not when received

* 🚫 No More Double Taxation :Fixing the unfair system that taxed both crypto earnings *and* their sale

This could be a game-changer for crypto users and builders in the US, especially as the industry demands clearer tax rules.

If passed, this would make the US the ultimate crypto power.

\#CryptoNews #Bitcoin #Lummis