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![HashNews01 Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1841153497955516416.png) HashNews👩🏻‍🌾 [@HashNews01](/creator/twitter/HashNews01) on x 2405 followers
Created: 2025-07-18 01:22:51 UTC

White House Confirms Trump's Support for Tax Exemption on Small Bitcoin Transactions

According to HashNews, White House Press Secretary Karoline Leavitt confirmed that President Trump supports establishing a $XXX tax exemption threshold for Bitcoin transactions, aiming to promote the everyday use of Bitcoin and cryptocurrencies. The government will continue to explore legislative solutions to facilitate more convenient and efficient crypto payments. Additionally, the signing ceremony for the GENIUS Act will be held tomorrow; this act is considered a significant step in Trump's promise to make the U.S. the 'Capital of Crypto.'

$BTC #Cryptocurrency #Blockchain #Bitcoin #WhiteHouse #CryptoRegulation


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**Related Topics**
[cryptocurrencies](/topic/cryptocurrencies)
[threshold](/topic/threshold)
[donald trump](/topic/donald-trump)
[karoline](/topic/karoline)
[tax bracket](/topic/tax-bracket)
[trumps](/topic/trumps)
[white house](/topic/white-house)
[bitcoin](/topic/bitcoin)

[Post Link](https://x.com/HashNews01/status/1946017791007711500)