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cryptocurrency tax exemption proposal

Key Points: Senator Lummis proposes tax exemption for small crypto transactions in a budget bill.
Exempts crypto transactions under $300 from taxes.
Targets miners and stakers with proposed tax changes.
U.S. Senator Cynthia Lummis plans to introduce a cryptocurrency tax exemption for small transac
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Connecticut cryptocurrency regulation

Key Points: Governor Ned Lamont signed a law on June 23, 2025, to target crypto-related crimes.
No official “Bitcoin Reserve Ban” is documented in official records.
The law is crime-focused, not a total digital asset prohibition.
On June 23, 2025, Connecticut Governor Ned Lamont signed a bill targ
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U.S. crypto regulation debate

Key Points: Senator Merkley proposes a crypto ethics amendment; Senator Lummis opposes.
Amendment targets conflict of interest, rejected by Senate vote 53-47.
Lummis warns of impact on U.S. digital asset competitiveness and innovation.
On July 1, 2025, U.S. Senators debated an amendment proposed b
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Robinhood stock token expansion EU

Key Points: Robinhood announces EU expansion for tokenized US stock trading.
Thousands of stocks aimed by year-end.
European users to access stock tokens, impacting crypto market dynamics.
Robinhood’s plan to expand stock token trading in Europe involves broadening the range from 200 to
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XRPL

Highlights:
XRPL EVM Sidechain now live with Ethereum smart contract support
Developers can build EVM apps using XRP as native gas token
Axelar enables bridging to 80+ blockchains on Day 1
The XRP Ledger ecosystem has unlocked a new level of utility with the mainnet launch of its
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stablecoin regulation impact on treasuries

Key Points: Stablecoin legislation by mid-July under the U.S. Treasury’s directive.
Market shift with potential demand surge for U.S. Treasuries projected.
Stablecoins’ 1:1 backing mandate could create a multi-trillion-dollar market by 2030.
U.S. Treasury Secretary Scott Bessent announced a push t
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Grayscale ETF approval news

Key Points: SEC reviews Grayscale ETF proposal covering prominent cryptocurrencies.
Market anticipates significant institutional inflows.
Potential shift in crypto legitimacy and investment dynamics.
Approval is projected to enhance institutional entry into cryptocurrencies, possibly increasing
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national cryptocurrency reserve Kazakhstan

Key Points: The National Bank of Kazakhstan plans a national crypto reserve.
Involves seized digital assets and state-mined tokens.
No timeline set for reserve launch or size.
Kazakhstan plans to establish a national cryptocurrency reserve using seized digital assets and state-mined tokens,
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Strategy Buys 4,980 More BTC, Now Holds 597,325 Coins

Key Points:
Strategy now holds 597,325 BTC after latest $531.9M purchase at $106,801 average price.
The firm used STRK and STRF preferred stock funding to expand its Bitcoin holdings further.
Five lawsuits accuse Strategy of failing to disclose risks, citing $6B in unrealized
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stablecoin market growth 2025

Key Points: Stablecoin issuance is projected to rise above $235 billion by May 2025, marking significant growth in the last five years.
Comparable entities like Visa took 40 years to reach a similar transaction volume.
Potential implications include on-chain transformation of financial assets
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Hong Kong stablecoin legislation

Key Points: The Hong Kong government announces stablecoin legislation effective August 1.
Stablecoin issuers must obtain licenses from HKMA.
Market reactions indicate cautious optimism among participants.
Hong Kong’s Financial Secretary Paul Chan announced stablecoin legislation effective August 1
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Canada US digital tax trade

Key Points: Canada repeals digital services tax to renew US trade negotiations.
Move alleviates $2 billion tax for US companies.
Tech sector foresees improved cross-border investments.
Canada, led by Prime Minister Mark Carney, announced the withdrawal of the digital services tax on
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Bitcoin policy influence initiative

Key Points: David Bailey seeks $100 million for Bitcoin PAC, aiming for policy influence.
The initiative targets lawmakers against Bitcoin tax amendment.
Bitcoin’s status as the sole focus highlights strategic cryptocurrency lobbying.
David Bailey is leading this $100 million initiative through a
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Texas legalizes precious metals

Key Points: Texas has legalized gold and silver as legal tender for daily transactions.
The Texas Bullion Depository will facilitate this new financial move.
The legislation might pave the way for future blockchain and crypto integrations.
Governor Greg Abbott of Texas signed a bill making gold an
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Trump interest rate reduction 2025

Key Points: Trump pushes for 1% to 2% interest rates in a June 29, 2025 interview.
His statement adds pressure on the Federal Reserve for policy change.
Bitcoin and Ethereum prices soar amid monetary easing expectations.
Donald Trump called for the Federal Reserve to cut interest rates to 1% or 2%
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Vietnam centralized crypto exchange

Key Points: Vietnam announces plans for a centralized crypto exchange in 2025.
Collaborative efforts include Techcom Securities and major regulators.
New laws to define digital assets from 2026 onwards.
Vietnam aims to launch a regulated crypto exchange; Techcom Securities leads token pilot
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rise of global stablecoins

Key Points: Gan Tian asserts stablecoin transactions exceed Visa’s 40-year volume within five years.
Global financial systems anticipate significant stablecoin impact by 2025.
Key market insights predict a $235 billion stablecoin issuance.
The rise of stablecoins is reshaping the global financial
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Trump family crypto project milestone

Key Points: WLFI’s USD1 stablecoin achieves $1.25 billion daily trading volume.
Surpasses previous records, indicating significant growth.
Centralized control raises concerns about transparency.
World Liberty Financial’s USD1 stablecoin, linked to the Trump family, achieved a record $1.25 billion
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