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🚨 JUST IN: 🇺🇸 Treasury Secretary Bessent says stablecoin legislation could be finalized by mid-July
⚖️ Regulations are coming fast—big moment for crypto ahead!
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#DeFi
#USDT
#USDC
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🚨 Senator Lummis Proposes Tax Reform to Support Bitcoin Miners & Crypto Innovation ⚖️ Senator Cynthia Lummis is once again stepping up for the crypto industry—this time by proposing tax reforms to end double taxation on Bitcoin miners and crypto transactions. 🇺🇸 To strengthen U.S. leadership in financial innovation and ensure that crypto builders and miners can thrive without unfair tax burdens. 📢 Backed by prominent voices like Michael Saylor, Lummis also extended thanks to President Trump for supporting this pro-innovation stance. 🌐 This move could be a pivotal step toward making the U.S. a global hub for digital asset growth. #Crypto #Bitcoin #CynthiaLummis #MichaelSaylor #Web3 https://coingape.com/senator-lummis-proposes-tax-reform-for-bitcoin-miners/?utm_source=bnb&utm_medium=coingape
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🚨 Fed Leadership Shake-Up Incoming? Scott Bessent Confirms Powell Replacement Search 🇺🇸 Big changes may be ahead for U.S. monetary policy. 🏛 Treasury Secretary Scott Bessent has confirmed that the Trump administration is actively seeking a replacement for Federal Reserve Chair Jerome Powell. 📢 With Bessent himself among the top contenders for the role, this development signals a potential shift in economic direction as 2025 nears. 📊 Powell has faced ongoing criticism over rate decisions, and this move could redefine the Fed's approach to inflation, interest rates, and financial markets. #FederalReserve #JeromePowell #ScottBessent #InterestRates #TrumpAdministration https://coingape.com/scott-bessent-confirms-search-for-jerome-powells-replacement/?utm_source=bnb&utm_medium=coingape
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🚨 Trump to Powell: Cut Rates to 1%—Now 🏛 President Donald Trump has once again turned up the heat on the Federal Reserve, this time sending a handwritten note to Fed Chair Jerome Powell, demanding a reduction of interest rates to 1%. 🇺🇸 Trump argues the U.S. is falling behind globally, citing other nations with lower benchmark rates and urging immediate action. With rates currently at 4.25%–4.5%, this proposal marks a dramatic shift—if acted upon. 🔍 Is this pressure campaign politics as usual—or the start of major monetary policy change? #Trump #FederalReserve #InterestRates #Economic https://coingape.com/donald-trump-calls-on-fed-to-lower-interest-rates-to-1/?utm_source=bnb&utm_medium=coingape
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🚨 Robinhood Enters the Blockchain Game with Arbitrum-Powered Layer 2! 📢 In a major leap into Web3, Robinhood has officially announced its own Layer 2 blockchain built on Arbitrum, aimed at powering stock token issuance and scaling decentralized services. ✅ Partnership rumors now confirmed ✅ HOOD stock surged 10%+ on the news ✅ Arbitrum ($ARB) also saw a double-digit price spike 🌐 This move positions Robinhood as a serious player in the evolving DeFi and tokenized securities space—blurring the lines between traditional finance and the decentralized world. #Robinhood #Arbitrum #Layer2 #Blockchain #DeFi https://coingape.com/robinhood-announces-layer-2-blockchain-on-arbitrum-hood-stock-jumps-10/?utm_source=bnb&utm_medium=coingape
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🏛 US Supreme Court Ruling Sparks Crypto Privacy Concerns 🇺🇸 In a landmark decision, the US Supreme Court has ruled against Coinbase users, siding with the IRS in a case involving access to user data on the exchange. ⚖️ The ruling upholds the IRS's authority to issue summonses for crypto user information—setting a precedent with far-reaching implications for: ▫️ User privacy ▫️ Crypto taxation ▫️ Regulatory oversight 🌐 While the goal is greater tax compliance, the ruling raises serious questions about data privacy and government access to financial records in the decentralized era. #Crypto #Coinbase #IRS #Regulation #Blockchain https://coingape.com/us-supreme-court-raises-privacy-concerns-in-ruling-against-coinbase-users/?utm_source=bnb&utm_medium=coingape
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