Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Bitcoin, Crypto Bills Next After Trump’s Big Beautiful Bill

Bitcoin, Crypto Bills Next After Trump’s Big Beautiful Bill

CryptotimesCryptotimes2025/07/03 22:55
By:Jalpa BhavsarKritika Mehta

White House advisor Bo Hines announced that following the passage of President Trump’s “Big Beautiful Bill,” the next major legislative focus will be on Bitcoin and crypto regulation. Hines made the statement shortly after the House approved the landmark economic bill by a narrow 218-214 vote.

While the bill includes major tax cuts, an end to tip taxation, and stronger border policies, Hines made it clear that the momentum is shifting to digital assets. In the post on X, he highlighted the upcoming Crypto Week, scheduled for the week of July 14, as a key moment for the future of U.S. crypto policy.

One of the bills in focus is the GENIUS Act, which is now heading to President Trump’s desk for final approval. The Senate already passed it with a strong 68–30 vote, marking it as the first major crypto-related law approved by the Senate. The bill sets clear rules for stablecoins, aiming to protect consumers while supporting responsible innovation.

In addition, the Clarity Act is moving to the Senate after receiving strong bipartisan support in the House Agriculture Committee. The bill defines how crypto assets should be regulated and draws a clear line between what counts as a digital commodity and a security. Hines called it “phenomenally crafted” and vital for giving the industry the clarity it needs.

Hines emphasized that these steps are part of a larger strategy to make the U.S. a global leader in blockchain and digital innovation. “We will not slow down. We will keep winning,” he concluded.

Follow The Crypto Times on Google News to Stay Updated!
0
0

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.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Micron now earns more than Apple! Apple urgently needs chips, Micron holds pricing power.

Micron Technology reported a net profit of $37.7 billion in the fourth fiscal quarter, surpassing Apple's $29.8 billion for the same period, thus becoming the more profitable company for the quarter. The memory shortage has given Micron strong pricing power, with its CEO stating that they “cannot meet customer demand.” The revenue guidance for next quarter is as high as $61.5 billion. Meanwhile, Apple's gross margin continues to be pressured by persistent memory costs, having dropped from 49.3% to a guidance range of 46.5%.

华尔街见闻•2026/10/11 10:06

The "Eye of the Storm" in the Global Economy: Debt Crisis in Developed Countries

The IMF warns that developed economies are becoming the "eye of the storm" for global debt risks. Countries such as the United States and France accumulated high levels of debt during periods of low interest rates, but now rising interest rates are pushing up repayment costs, and fiscal consolidation faces political resistance. BofA Securities points out that the United States is facing declining tax revenues, France has structural income decline issues, and the UK and Japan are also under pressure. The deteriorating debt sustainability of developed countries may impact global financial markets through shocks in interest rates and capital flows.

华尔街见闻•2026/10/11 09:21

The US market narrative undergoes a "dramatic reversal": shifting from "AI-driven deflation and controllable US debt" to "AI squeezing the bond market, and Bassen unable to control long-term interest rates"

Deutsche Bank points out that the market narrative regarding the U.S. economy has shifted from "AI drives down inflation" to "AI-related bond issuance pushes up U.S. Treasury yields," but pessimism may be overdone. The bank believes that the real risks underestimated by the market are security incidents in the AI ecosystem, failed IPOs, or underwhelming revenues, which could undermine the dollar and support the bond market. In addition, France's fiscal difficulties are putting new pressure on the euro.

华尔街见闻•2026/10/11 07:41