Trump may cancel the crypto tax for companies.

In an official letter, Senator Cynthia Lummis called on the Trump administration to cancel the crypto tax for crypto companies. She believes that the market is not like traditional finance and a different tax system is needed, and the classic one is not suitable.

Crypto is too volatile for this, which destroys the motivation of companies to keep it in corporate accounts and report on it.

If this happens, it could become a new round of development for crypto as an investment direction for large companies.

Also, the American fast food chain Steak n Shake will start accepting bitcoins in all its establishments tomorrow.