Trump’s Bill Passes as Congress Declares Crypto Week

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Hey crypto trailblazer, 👋

Big week in crypto and politics: Trump’s “One Big Beautiful Bill” has cleared Congress, and the House just declared the week of July 14 as Crypto Week.

Let’s dive into how these moves could shape the next wave for digital assets:

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🏛️ “One Big Beautiful Bill” Passes

Both the Senate and now the House have approved Trump’s sweeping spending and tax package, nicknamed the Big Beautiful Bill, following a tight vote in each chamber.

What’s inside:

• Tax cuts, entitlement reforms, and a $5 trillion increase in the debt ceiling

• Additional funding for defense, border security, and energy programs

• No new provisions for crypto taxes. Critically, a proposed amendment by Senator Lummis to address double taxation on digital asset miners and stakers was dropped

Crypto impact takeaways:

1. Mixed macro backdrop: while fiscal stimulus can buoy risk assets like BTC, the massive spending also strengthens the case for stablecoins and hedges.

2. Lack of crypto-specific policy: highlighting that crypto issues remain unaddressed even as mainstream lawmakers find consensus.

🌐 House Declares July 14 “Crypto Week”

Congress is formally recognizing the importance of digital assets: the House Financial Services Committee has designated the week of July 14 as Crypto Week.

What to expect:

• At least three major crypto-related bills will be tabled for votes

• Potential topics include stablecoin regulation and CBDC guardrails

• This signals a shift from reactive enforcement to proactive policy making

A massive fiscal bill is clearing the stage, and lawmakers are moving fast to define crypto’s future. If July’s Crypto Week delivers, we could see an institutional-grade foundation built for digital assets.

Stay epic,

Epic Crypto News Team

DISCLAIMER: This newsletter is for educational purposes only. Nothing here is financial advice. Do your own research before making any investment decisions. Crypto markets are volatile and risky. Only invest what you can afford to lose.