The cryptocurrency tax benefit provision was not included in the proposed *American Beautification Act* by Donald Trump.

BlockBeats News, July 2nd, according to Decrypt's report, the massive infrastructure bill proposed by U.S. President Trump narrowly passed in the Senate on Tuesday, but the bill failed to include a key tax provision that could have benefited cryptocurrency users.

During the tense final hours of negotiations surrounding the President's "Beautiful Bill," cryptocurrency-friendly senators and industry policy leaders raced against the clock to try to include an amendment in the bill, which included long-awaited cryptocurrency tax benefits. Beneficiaries would have included stakers, miners, large cryptocurrency-holding corporations, and regular digital asset users.

However, time ultimately ran out. Earlier, insiders had told Decrypt that it wasn't until the weekend that the cryptocurrency tax provision—led by Wyoming Republican Senator Cynthia Lummis—was ready. This led to a hectic Monday. Lummis pledged to introduce relevant amendments during the vote-a-rama, and cryptocurrency policy advocates also urged Americans to contact their senators to push for the amendment to be added to the Senate's agenda.

However, by midday Tuesday, when Vice President J.D. Vance cast the decisive vote to pass the infrastructure bill, Lummis and her Republican colleagues had still not been able to include the cryptocurrency tax provisions in the bill. A cryptocurrency policy leader expressed disappointment at this outcome, calling it an industry "missed opportunity."