Hot Topics in the Crypto Field in the Second Half of 2025

1. National/Corporate Bitcoin Strategic Reserves Continue to Advance

2. More US Stocks Going On-Chain, Traditional Finance Begins to Integrate with the Crypto Space

3. More Countries Lowering or Exempting Cryptocurrency Income Tax

4. The Federal Reserve May Implement Its First Interest Rate Cut in September or December

5. More Countries Launching Their Own Stablecoins to Capture Market Share

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