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Bitcoin May Benefit from the Passage of Trump’s “Big and Beautiful Act”

Bitcoin May Benefit from the Passage of Trump’s “Big and Beautiful Act”

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BitgetBitget2025/07/04 13:39

ChainCatcher 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.

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