🎬Trump's Movie Tariffs + Crypto Transparency

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Hey crypto trailblazer, 👋

Today, we're diving into two major developments: a new crypto bill aiming to democratize the industry and President Trump's unexpected move to impose tariffs on foreign-made movies. Let's break it down!

🏛️ New Crypto Bill Aims to Level the Playing Field

House Republicans have introduced the "Digital Asset Market Structure Discussion Draft," a bill designed to reduce the dominance of large crypto firms and promote broader participation in the market. Key provisions include:

• Disclosure Requirements: Crypto project members must disclose token holdings exceeding 1% of the total supply, down from the previous 5% threshold.

• Decentralization Criteria: Defines a "mature blockchain system" as one not under the control of any single entity.

• Regulatory Clarity: Provides a clear framework for crypto firms to register digital commodities with the SEC and CFTC.

This bill could pave the way for increased transparency and fairness in the crypto space.

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🎬 Trump's Movie Tariffs Stir Global Confusion

President Trump announced plans to impose a 100% tariff on all foreign-produced movies, citing national security concerns and the decline of the American film industry. The proposal has left Hollywood and international partners baffled, raising questions about its feasibility and potential impact on global film production.

While the broader trade tensions seem to be cooling, unexpected policies like this serve as a reminder that the landscape remains unpredictable.

💹 Market Snapshot: May 5, 2025 at 9:45 PM Pacific Time

• Bitcoin (BTC): $94,500

• Ethereum (ETH): $1,806

• BNB Chain (BNB): $599

• Solana (SOL): $144

Stay vigilant and informed, as the intersection of politics and crypto continues to evolve.

Until next time, may your trades be profitable and your wallet notifications be positive!

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.