Trump supports a policy of Bitcoin exempt from Capital Gains Tax, small payments may welcome an era of zero tax burden.

The White House officially confirmed that President Donald Trump supports a new monetary policy advocating for the exemption of Capital Gains Tax on small Bitcoin and other crypto payments. This "de minimis exemption" policy will greatly promote the use of crypto assets in everyday life, marking a step towards the United States becoming a crypto-friendly nation.

Trump supports promoting the implementation of "crypto tax-exempt payment" policy

In a recent White House briefing, officials clearly stated that President Trump "supports exempting Capital Gains Tax on crypto payments below $600." This move aims to simplify the tax burden when using Crypto Assets to purchase everyday items like coffee and food, encouraging its widespread adoption as a means of daily payment.

The White House spokesperson stated: "We are open to making crypto payments more convenient and efficient. If there is a de minimis tax exemption, then using Bitcoin would be as simple as using dollars."

This policy proposal aligns with Trump's earlier promise to "make the United States a global Crypto Assets hub." Earlier this month, U.S. Senator Cynthia Lummis also introduced a bill advocating for a $300 tax-free allowance for daily crypto transactions, which coincides with Trump's position.

Trump supports the CLARITY Act, creating a clear regulatory framework

In addition to promoting tax-exempt policies, Trump is also fully supporting the CLARITY Act (H.R. 3633) currently under review in the House of Representatives. This bill, led by Financial Services Committee Chairman Patrick McHenry, aims to clarify the responsibilities and authorities of regulatory agencies such as the SEC and CFTC in the field of Crypto Assets, providing clear regulatory guidance for the crypto industry.

The White House spokesperson stated, "We believe the vote will pass and expect the bill to be smoothly sent to the President for signing." Once this bill is implemented, it will provide a clear compliance path for U.S. crypto assets companies and investors, attracting more innovative capital inflow.

International Comparison: Several Countries Have Implemented Crypto Tax Exemption Policies

Currently, countries such as Thailand, Portugal, Germany, Switzerland, and Malta have taken the lead in promoting crypto-friendly tax policies:

• Thailand: Announced that crypto transactions will be exempt from Capital Gains Tax until 2029.
• Portugal: Known as a "crypto tax haven", it has long exempted individuals from taxation on crypto transactions.
• Germany: Selling Crypto Assets after holding for more than 1 year is exempt from Capital Gains Tax
• Switzerland, Malta: Also set exemption rules for certain crypto transactions.

If the United States promotes a tax exemption policy for Crypto Assets at the presidential level, it will gain an advantage in global regulatory competition and stimulate the acceleration of the Web3 payment ecosystem.

Conclusion: Trump supports the policy of exempting small crypto asset payments from capital gains tax, sending a positive signal: the United States is moving towards a more friendly crypto tax system. With the advancement of the CLARITY Act and the existing precedents in many countries internationally, the United States is expected to pave the way for crypto asset payments at the institutional level, enhancing the real-use scenarios of crypto assets.