U.S. Administration Signals Major Shift: Bitcoin Tax Exemption Plan in the Works

According to official statements from the White House, President Trump's administration is moving forward with plans to remove taxes from Bitcoin transactions. This represents a potentially game-changing policy direction for digital assets in the United States.

Such a move would dramatically reshape the tax landscape for cryptocurrency traders and holders. Eliminating transaction taxes on Bitcoin could reduce compliance friction and potentially drive broader institutional adoption. The proposal signals the administration's increasingly crypto-friendly stance and could influence how other major economies approach digital asset taxation.

This development is likely to generate significant discussion within the crypto community about regulatory clarity and the broader path toward mainstream acceptance of Bitcoin.