MASSIVE: 🇺🇸 White House confirmed President Trump wants to remove tax on Bitcoin and crypto transactions.

 

MASSIVE: 🇺🇸 White House confirmed President Trump wants to remove tax on Bitcoin and crypto transactions. pic.twitter.com/ABWUYeG3dT

— Crypto Rover (@cryptorover) February 23, 2026

The post you're referring to from @cryptorover

 claims: "MASSIVE: White House confirmed President Trump wants to remove tax on Bitcoin and crypto transactions." It includes images (one appears to be a White House podium setup with a Bitcoin logo overlaid or referenced in context).This refers to ongoing discussions around a de minimis tax exemption for small cryptocurrency transactions — not a full removal of all taxes on Bitcoin/crypto gains or trades.Current Status (as of February 2026)The Trump administration has repeatedly expressed support for a de minimis exemption. This would treat very small everyday transactions (e.g., buying coffee, groceries, or gas with Bitcoin/crypto) as non-taxable events, avoiding capital gains tax calculations on minor appreciation.

White House Press Secretary statements (e.g., from mid-2025 onward) confirmed the administration favors this to promote "everyday adoption" of crypto and remove barriers like needing to track tiny gains/losses.

Thresholds discussed in proposals and reports include $300, $600, or similar per-transaction limits (sometimes with annual caps like $5,000 in total exempt gains).

This idea has bipartisan roots (pre-dating Trump) and aligns with goals like making crypto usable for daily payments without IRS headaches.

No full elimination of capital gains tax on crypto has been confirmed or implemented. Broader tax removal (e.g., zero tax on all crypto sales/gains) remains speculative — it's not in current law, executive orders, or passed bills like the "One Big Beautiful Bill" (2025) or GENIUS Act (stablecoin-focused).

Key DevelopmentsLegislation like Sen. Cynthia Lummis' proposals pushed for this exemption but didn't fully pass in major tax packages.

The administration continues to "explore legislative solutions" rather than acting unilaterally via executive order for tax changes (which are typically Congress's domain).

Sources (Bitcoin Magazine, The Block, various tax policy analyses) confirm White House backing for de minimis relief, but not blanket "no tax on transactions."

Some replies to the post express excitement for adoption/liquidity boosts, while others are skeptical (e.g., "Still no source," market still down despite "good news," or questions if it will actually pass).

In short: The White House has confirmed support for no tax on small crypto transactions (de minimis exemption) to encourage real-world use — that's likely what the post is amplifying. But a complete removal of taxes on all Bitcoin/crypto transactions isn't accurate or currently in place. If you're tracking this for investment or tax reasons, keep an eye on IRS guidance or new bills in Congress — things move fast in this space!