Prominent crypto advocates like Elon Musk staunchly oppose it, for one thing. Much like Lummis, several anti-crypto Senators are hoping to pass their own amendments at the last minute.
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Lummis Proposes Tax Cuts for Crypto Miners in Trump’s Big Beautiful Bill
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Senator Cynthia Lummis’s crypto tax amendment to the Senate reconciliation bill faced resistance from anti-crypto lawmakers and was deprioritised amid competing political agendas and a crowded amendment process
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