According to The White House on Twitter, the administration is advocating for a bill that would eliminate taxes on tips in the United States (source: @WhiteHouse, June 20, 2025). This legislative move is significant for trading and cryptocurrency markets, particularly as more service industry workers receive payments in digital assets like BTC and ETH. If passed, the bill could drive wider adoption of crypto tipping platforms and increase transaction volumes, as tax exemptions may incentivize both crypto and fiat use for tipping. Traders should monitor this development for potential upticks in service-related crypto transactions and any subsequent impact on token demand.