Bitcoin May Benefit from the Passage of Trump’s “Big and Beautiful Act”
Bitget2025/07/04 13:39ChainCatcher reports that, according to Cointelegraph, the U.S. House of Representatives has voted to pass the "Big and Beautiful" Act. Although the final version of the bill does not include amendments to cryptocurrency tax laws, market observers remain optimistic about the potential positive impact on Bitcoin. Analysts point out that future U.S. tax laws may be adjusted to address cryptocurrencies, and the upcoming "Crypto Week" will review three key blockchain bills:
The CLARITY Act will define the regulatory boundaries between the SEC and CFTC regarding digital assets; the GENIUS Act aims to establish a comprehensive regulatory framework for U.S. dollar stablecoins; and The Anti-CBDC Surveillance State Act seeks to prohibit the Federal Reserve from issuing retail central bank digital currencies.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Report: Anthropic Plans to Raise Issuance Price, Seeks $1.5 Trillion Valuation, and Aims to Raise Over $100 Billion
Anthropic's IPO roadshow received strong investor demand within less than a day, prompting underwriters to consider raising the offering price to above $78 per share. The company’s valuation is expected to surpass 1.5 trillions USD, with total fundraising likely to exceed 100 billions USD. According to three Anthropic shareholders, the company's main goal is to raise as much capital as possible to support its extensive computing power expenditure plans.
BlackRock’s crypto portfolio falls by nearly $5 billion so far in November 2026
Domestic refined oil retail price cap may see first drop since late August
Crypto prices
More
