The U.S. Senate has officially passed the #OneBigBeautifulBill, a $3.3 trillion legislative package that combines massive spending and fiscal adjustments.

But for the crypto community, the outcome was… mixed at best.

🧾 What we hoped for:

Removal of double taxation on staking and mining

Exemptions for small crypto transactions (like under $600)

Clear guidelines for DeFi, stablecoins, and NFT taxation

😤 What we actually got:

NONE of those crypto-friendly amendments made it to the final version

The bill passed without any direct benefit for Web3 or crypto adoption

💭 So why is this still a big deal?

The bill increases U.S. debt → weakens the U.S. dollar

A weaker dollar can boost demand for Bitcoin as an inflation hedge

If the Federal Reserve lowers interest rates, more liquidity could flow into risk assets like crypto

So even though there was no direct win for crypto, the macro setup might still turn bullish 📈

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🔍 What’s next?

Keep your eyes on the upcoming GENIUS, BITCOIN, and CLARITY Acts

These might bring the regulatory clarity this bill failed to deliver. #Gate 2025 Q2 Report Released# #CPI Data Incoming# #My Gate Moments# #Gate Alpha Trading Share# #Trump Tariff Hikes#