Lummis Proposes Tax Cuts for Crypto Miners in Trump’s Big Beautiful Bill

Description

Senator Cynthia Lummis is advocating for tax cuts for US crypto miners in Trump’s sweeping budget bill. While the proposal has White House backing, its fate remains uncertain amid competing amendments and political tensions.

Authors

Landon Manning

Publish date

June 30, 2025

Publisher

BeInCrypto

Web URL

https://beincrypto.com/trump-big-beautiful-bill-amendments-crypto-miners-tax

Referenced by

Sen. Lummis' crypto tax amendment fails to make it into OBBB

Crypto news

News story

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.

Crypto news

Quote

The bill is complex, and last-minute amendments from both pro- and anti-crypto sides could influence its outcome.

Crypto news

Quote