List of Flash News about US tax policy crypto
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2025-05-15 20:23 |
No Tax on Tips Policy Announced by White House: Major Implications for Crypto Payments and Digital Tipping
According to The White House (@WhiteHouse), the new 'No Tax on Tips' policy announced on May 15, 2025, eliminates federal tax obligations for tips in the United States. This regulatory change could significantly boost the adoption of digital tipping, including cryptocurrencies like Bitcoin and stablecoins, as users and businesses seek tax-efficient payment methods. Crypto traders should watch for increased transaction volumes and potential integration of digital tipping platforms, which may drive up demand for crypto assets used in micropayments and peer-to-peer services (source: The White House, May 15, 2025). |