Regulatory iron fist becomes a gentle hand, Wall Street big brother is sweetening the pot for the crypto circle!
Policy 180° turnaround: Trump cuts off 'suffocating regulation' with one stroke.
Core event: The U.S. Treasury officially announced on July 10—abolishing the DeFi 'broker rules'! This rule, passed at the end of last year, was originally meant to force decentralized platforms like Uniswap to collect user identities and transaction records like traditional brokers and issue 1099 tax forms to everyone.
Background:
Biden's trap: The rules were pushed by the Biden administration before leaving office, claiming to 'combat tax evasion', but in reality, they want to shackle DeFi with real-name restrictions.
Industry outrage: Giants like a16z and Coinbase jointly sue, denouncing the IRS as 'unconstitutional'! Even Republican lawmakers criticize this as 'forcing users to run naked'.
Trump takes action: In April, bipartisan votes in Congress abolished it, and Trump signed it into law, becoming the first president in U.S. history to sign a crypto bill.
Radical interpretation:
"On the surface it's about tax reporting, but in reality, they want to strangle DeFi! The grass on the grave is already growing!"
Impact fully analyzed: The crypto circle is winning big, and these three types of people are directly popping champagne!
DeFi projects: Saving a million dollars a year, finally able to breathe.
Compliance costs drop to zero: Previously, we had to spend over $500,000 on KYC systems and over $300,000 hiring lawyers, now it's all free!
Users are no longer fleeing: Rules forced U.S. users to switch to offshore platforms, and now the traffic is coming back.
Case: The Uniswap frontend team held a party overnight, and the developer group exploded with rainbow cat memes!
Retail investors: Privacy is preserved, trading is free!
Anonymous trading revived: No need to fill in ID, address, social security number, just connect your wallet and start trading.
Tax pressure drops sharply: No longer need to calculate costs for every on-chain swap (the IRS can't even figure it out).
Whales/institutions: The policy green light is on, ammunition is rushing in.
Clear signals: The Trump administration strikes hard—banning CBDCs, promoting dollar stablecoins, abolishing tax reporting rules, a triple attack to safeguard crypto innovation.
Capital verification: Bitcoin ETF saw a weekly net inflow of $930 million, BlackRock bought $1 billion in a single week!
Market correlation: Policy bull adds fuel to the fire, but beware of two hidden dangers!
Positive explosion point**
DeFi tokens take off: UNI, AAVE, MKR, etc. compliance pressure lifted, selling pressure turns into buying pressure.
Bitcoin pushes higher again: Policy easing + interest rate cut expectations, $110,000 is just the starting point (on-chain whales hoarding 23,000 BTC).
American projects strike back: Compliant DeFi platforms (like dYdX) may become the biggest winners, attracting users from European competitors.
Risk warning**
Settling scores after the autumn? SEC chairman hints at changing custody rules, hedge funds may be able to self-custody assets—good for institutions, bad for retail investors!
Whale dumping signal: An institution just sold 30,000 ETH (about $90 million) through Coinbase, short-term pressure.
Retail operation guide: Don't miss out, don't catch the falling knife!
DeFi leaders are hoarding with eyes closed: Choose those with clear compliance progress (like Coinbase ecosystem projects), avoid small country scams.
Bitcoin is holding steady: Rate cuts + policy dual drivers, a pullback is just an opportunity to add positions.
Beware of 'positive unloading': Be cautious of market manipulators using news to pump and dump, a breakthrough of previous highs needs volume confirmation!
New narrative ambush: Trump concept coins (TRUMP, MAGA), Bitcoin Layer 2 (like Rootstock).
Closing hook
Policies have shifted, but has your position shifted?
Tonight at 9 PM, I will reveal:
3 seriously undervalued DeFi dark horses (cost < $1)
Latest on-chain movements of whales
Trump's next crypto ace prediction
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