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.
Despite intense lobbying from crypto leaders, the final version of the bill passed by the Senate comes without any crypto tax reforms.
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.
Still, frequent crypto trader can soon enjoy the lowest fees (just 0.85%) and the fastest executions on Solana thanks to Snorter Token ($SNORT).
Senate Refuses to Lower Tax for Small Crypto Transactions
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 $5K annually).
BTC Inc.’s David Bailey and Gemini’s Tyler Winklevoss also expressed strong crypto support.
Nevertheless, Lummis still believes that the bill is a ‘major step in the right direction’ and that it ‘delivers significant wins for working families across Wyoming.’
But there’s no denying that the lack of progress on crypto tax reforms adds uncertainty about how the US treats digital assets.
This is especially true if you want to use them for everyday transactions without having to face cumbersome tax reporting.
With unclear tax treatment on small crypto transactions, many investors might avoid centralized trading platforms altogether.
This makes decentralized trading tools like Snorter Bot all the more valuable.
While regulatory clarity remains elusive, Snorter could soon give you an edge in the crypto market, delivering automated swaps, sub-second speeds, and low fees when they’re most needed.
Snorter Bot to Become Solana’s Sharpest Trading Bot
Once launched on Telegram in Q3 2025, the Snorter Bot will help you auto-snipe the next crypto to explode. It will also flag scams and potential rug pulls before they strike, keeping you safe in a still unregulated meme coin market.
Better yet, this bot executes trades faster and cheaper than any other bot on Solana. With trading fees as low as 0.85%, it undercuts big-name rivals like Maestro, Bonk Bot, and Banana Gun.
Its built-in security measures, like smart contract scans and honeypot alerts, ensure you can move quickly without getting burned.
Though it’s currently focused on Solana, Snorter Bot is already preparing to expand across major EVM-compatible chains, positioning itself as a future-proof, multi-chain trading platform.
At the heart of it all is Snorter Token ($SNORT). Holding the platform’s native token unlocks reduced fees, premium bot access, and juicy staking rewards (currently at a whopping 236% APY).
And soon, by holding $SNORT, you’ll also be able to help shape the Snorter ecosystem’s future through its upcoming Decentralized Autonomous Organization (DAO).
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.
$SNORT to Power the Future of Crypto Trading
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.
You can get involved by purchasing $SNORT for as little as $0.0971. After being listed on top exchanges, the Snorter token could hit $0.94. So, act fast for a potential 868% upside.
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.
