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Crypto News Today: Latest Updates on July 4, 2025
In today’s edition of Coinpedia’s daily crypto news, we bring to you the latest updates and developments in the world of cryptocurrencies. It has been a rollercoaster ride so far this week, with multiple significant announcements coming from the United States government and the global cryptocurrency market.
Firstly, it was reported that President Donald Trump celebrated his “Big, Beautiful Bill” passing the House of Representatives on Thursday night. The bill aims to boost defense and border funding while cutting welfare programs, which has sparked intense debate among lawmakers and citizens alike. While some have hailed the bill’s passage as a victory for the president, others have criticized it for its divisive tone.
In other news, the U.S. Congress is set to launch “Crypto Week” on July 14, with the aim of fast-tracking critical blockchain and digital asset legislation. This initiative is led by House Financial Services Chair French Hill and Agriculture Chair GT Thompson, who will be pushing three major crypto bills through the legislative process.
These bills include the CLARITY Act, the Anti-CBDC Surveillance State Act, and the GENIUS Act. The U.S. government’s strategy to position itself as a global leader in blockchain innovation is likely to have significant implications for the entire cryptocurrency ecosystem.
Stay tuned for more updates on these stories and other breaking news from the world of cryptocurrencies!
Source: coinpedia.org
