News with the tag "White House"

Former President Donald Trump announced an unspecified agreement on Truth Social, sparking speculation about its potential impact on the crypto market due to its possible influence on US policy and economic stability.

The article discusses the potential for a de minimis rule crypto exemption to simplify tax reporting for small cryptocurrency transactions, which could encourage the use of digital assets for everyday payments and support broader adoption.

The White House has extended the tariff deadline to August 1, providing temporary relief and flexibility for trade negotiations and policy adjustments.