Senators Clash Over Crypto Tax Relief in Trump’s ’Big Beautiful Bill’

U.S. Senators are locked in a marathon voting session over amendments to President Donald Trump's sweeping tax and spending package, with cryptocurrency provisions emerging as a key battleground. Senator Cynthia Lummis, dubbed the 'Crypto Queen,' is leading the charge for digital asset tax reforms as part of the Republican-backed legislation.

The Senate's vote-a-rama began Monday morning and could extend into Tuesday, with lawmakers racing to finalize the bill before Trump's July 4 deadline. Lummis's amendment seeks to address what she calls 'unfair tax treatment' of cryptocurrencies, aiming to provide clearer guidelines for American users and investors.

The legislative push comes as the crypto industry faces increasing scrutiny from regulators. Lummis framed her proposal as critical for maintaining U.S. leadership in financial innovation, echoing Trump's pro-business stance. The amendment's fate remains uncertain in the narrowly divided Senate.