In a tight 51–50 vote, the US Senate has passed the highly anticipated ‘One Big Beautiful Act,’ a major budget reconciliation bill championed by President Donald Trump.
The bill is to go back to the House of Representatives next for a second voting round before potentially heading to President Trump’s desk. As of right now, crypto-friendly policies are off the table.
Among the most closely watched crypto proposals was an amendment from Senator Cynthia Lummis. She advocated for a de minimis capital gains exemption on crypto transactions under $300 (capped at $5K annually).
BTC Inc.’s David Bailey and Gemini’s Tyler Winklevoss also expressed strong crypto support.
Nevertheless, Lummis still believes that the bill is a ‘major step in the right direction’ and that it ‘delivers significant wins for working families across Wyoming.’
But there’s no denying that the lack of progress on crypto tax reforms adds uncertainty about how the US treats digital assets.
This is especially true if you want to use them for everyday transactions without having to face cumbersome tax reporting.
While regulatory clarity remains elusive, Snorter could soon give you an edge in the crypto market, delivering automated swaps, sub-second speeds, and low fees when they’re most needed.
Better yet, this bot executes trades faster and cheaper than any other bot on Solana. With trading fees as low as 0.85%, it undercuts big-name rivals like Maestro, Bonk Bot, and Banana Gun.
Its built-in security measures, like smart contract scans and honeypot alerts, ensure you can move quickly without getting burned.
Your token bag will enable you to vote on key feature upgrades and the platform’s general direction to boost its sustainability.
It’s not surprising that $SNORT has raised over $1.4M since launching on presale on May 28, 2025.
While the Senate’s decision to exclude crypto tax reforms from the One Big Beautiful Act may feel like a setback, it’s also a stark reminder that innovation moves faster than regulation.
The dream of seamless, everyday cryptocurrency transactions remains alive; they just require more advocacy and sharper tools. This is where Snorter Bot shines bright.
As policymakers stall, Snorter could soon empower you to make decentralized trades with unbeatable fees and genuine on-chain utility.
But remember: once being listed, cryptos can fall as quickly as they jump. You must always DYOR and never invest more than you’d be willing to lose.
