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Crypto Gets ZERO From Trump’s Massive Bill, But Here’s Why Bitcoin Just Won Big Anyway

  • President Trump's $3.3 trillion tax and spending bill passed without any provisions for digital assets, disappointing the crypto community.
  • Despite failed lobbying efforts, Senator Cynthia Lummis' crypto-friendly provisions were stripped from the legislation for broader bipartisan support.
  • Market analysts suggest that the bill's massive spending and tax cuts could lead to inflation, potentially benefiting Bitcoin as an inflation hedge.
  • Senator Lummis introduced a standalone cryptocurrency tax reform bill after the legislative setback, aiming to address issues like tracking small transactions and complex DeFi tax treatments.

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