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White House Press Secretary: Trump Supports Tax-Free Policy for Cryptocurrency Minimum Threshold, Will Push for Legislation

Summary: In breaking news, according to Cointelegraph, White House Press Secretary Levitt confirmed President Trump's support for a tax-free policy on minimum thresholds for Bitcoin and cryptocurrency, and stated that efforts will continue to push for legislative measures to achieve this goal. Note: Tax-free policy on minimum thresholds refers to when the amount or profit of ...

In breaking news, according to Cointelegraph, White House Press Secretary Levitt confirmed President Trump's support for a tax-free policy on minimum thresholds for Bitcoin and cryptocurrency, and stated that efforts will continue to push for legislative measures to achieve this goal.

Note: Tax-free policy on minimum thresholds refers to when the amount or profit of a transaction is very small (below a set minimum threshold), tax authorities will not impose taxes.

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