White House Press Secretary: Trump Supports Cryptocurrency "Lowest Possible Tax" Policy, Will Push for Legislation

BlockBeats News, July 18th, according to Cointelegraph's report, White House Press Secretary Levy stated that President Trump has confirmed his support for Bitcoin and cryptocurrency's "de minimis exemption" policy, and indicated that he will continue to pursue legislative avenues to achieve this goal.

Note: De Minimis Exemption refers to the exemption from taxation when the amount or earnings of a particular transaction are very small (below a set "de minimis" threshold).