Crypto tax incentives fail to make it into Trump’s Big Beautiful Bill

Odaily Planet Daily News: On Tuesday local time, the U.S. Senate passed President Donald Trump's "Big Beautiful Bill" by a narrow margin, but to the disappointment of crypto industry leaders, the bill failed to include the key tax amendment for crypto users that they had previously pushed for. In the fierce negotiations in the last few hours before the bill was passed, pro-crypto lawmakers and industry policy leaders, led by Senator Cynthia Lummis (R-Wyoming), tried to attach an amendment to the bill that included a number of crypto-related tax benefits, covering crypto miners, pledgers, companies holding large amounts of cryptocurrencies, and ordinary digital asset users. However, time eventually ran out and the amendment failed to enter the Senate's deliberation stage. One crypto policy leader called the result a "missed opportunity" and said they "just ran out of time."