US Treasury Announces 2026 Tax Cuts via New Policy

The US Treasury’s recent tax cuts signal broader economic plans without direct benefits for cryptocurrencies, affecting traditional setups. The omission highlights unchanged policies for digital assets in the upcoming tax season.

The United States Treasury, led by Secretary Scott Bessent, has unveiled the “Working Families Tax Cuts”—a key initiative under the “One, Big, Beautiful Bill.” The new bill outlines sweeping tax benefits set to take effect in 2026.

The announced changes, including a substantial standard deduction increase, aim to support American workers and businesses. No specific policies for cryptocurrencies were included, marking a continuation of previous fiscal focuses without incorporating digital assets like ETH or BTC.

The policy is expected to impact various sectors, providing significant relief for families and small businesses while emphasizing economic growth. No immediate benefits for the crypto market have been identified, maintaining the status quo for digital currencies in tax reform.

These changes extend Trump-era reforms, such as elimination of itemized deduction limits. With $3,750 average tax cuts per filer, the aim is economic stimulation while crypto benefits remain absent, keeping digital asset laws unchanged.

Secretary Bessent’s initiative, focusing on traditional tax relief, neglects direct cryptocurrency advantages. This lack of mention reflects minimal shifts in US fiscal policy regarding digital currency integration in tax frameworks.

While broader economic changes continue, financial analysts suggest underlying regulations on cryptocurrency remain stable, with no expected revision soon. Current legal frameworks persist without immediate adaptation to enhancing digital currency gains in the tax landscape.

“Treasury is opening the books for the American people… we want Americans to see exactly how the President’s policies will strengthen small businesses, allow workers to keep more of their hard-earned money and spur economic growth as we head into this historic anniversary of our great nation.” – Scott Bessent, US Treasury Secretary [US Treasury Press Release]