{"content":"Trump to Sign "Great Beauty Act", Landmark Crypto Regulation Reform President Trump will sign the "Great Beauty Act" this Friday at 5 PM EST (5 AM Saturday Beijing Time), marking a pivotal shift in U.S. digital asset policy. Key Provisions: Establishes federal oversight for crypto exchanges and custodians Introduces tax breaks: exempts sub-$200 crypto transactions and offers 3-year tax relief for blockchain firms Mandates a 2-year digital dollar pilot by the Federal Reserve Market Impact: Coinbase (COIN) shares rose 7% pre-market Could attract $50B+ institutional capital Positions U.S. ahead of EU’s MiCA framework Industry leaders applaud the move, though SEC’s Gensler warns of lingering manipulation risks. "This legitimizes crypto as part of the U.S. financial system," said Stanford’s Prof. David Tse.","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/04/c9eb4b2e1bf849cba147acae84280b69.jpg"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}