Blockchain DXB:- Daily update 🔴 02nd July 🔴 Trump’s “One Big Beautiful Bill” gets passed ⚡️Botanix - DeFion to BTC network 🟣 Deutsche Bank - Crypto Custody Services ⚡️Bitget Wallet Joins Mastercard
Blockchain DXB
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02nd July: Blockchain DXB) podcast 🎙️🔴 Trump’s “One Big Beautiful Bill” gets passed ⚡️ Botanix) - DeFion to BTC network 🟣 Deutsche Bank) - Crypto Custody Services ⚡️Bitget) Wallet Joins Mastercard)🔴 Presidenr Trump’s “One Big Beautiful Bill” has passed the U.S. Senate- Wyoming Senator Cynthia Lummis suggested she would add a provision to address what she called “unfair tax treatment” of cryptocurrency miners and stakers. However the legislation passed without addressing crypto taxation.What does it mean for hashtag#Bitcoin) & hashtag#cryptocurrencies).⚡️ Check out today's Blockchain DXB) we share our commentary on how President Donald Trump’s “One Big Beautiful Bill” could benefit hashtag#btc) & hashtag#Crypto). We touch base on the following points:✅ 1. Permanent Tax Cuts = More Disposable Income = Increased Crypto Investment✅ 2. Regulatory Signal: Pro-Capital, Pro-Risk Appetite✅ 3. Border & Defense Funding Could Push Toward Censorship-Resistant Money✅ 4. Inflationary Deficit = Bitcoin’s Bull Case Strengthened✅ 5. Potential SALT Deduction Cap Increase = HNWI Crypto Diversification🟣 Deutsche Bank) to launch crypto custody accounts in 2026 partnering with Bitpanda and Taurus, expanding its digital asset presence in Europe. This marks a renewed push into crypto after first revealing custody ambitions in 2020. The bank is also exploring stablecoins and tokenized deposits, and previously worked with Bitpanda on crypto payments. The move follows similar crypto efforts by other major German banks like Sparkassen-Finanzgruppe.Bloomberg https://shorturl.at/iOPVE)🔵 Botanix) has launched the mainnet for Botanix, the first fully decentralized, EVM-equivalent Bitcoin Layer-2. Backed by partners like Chainlink and Fireblocks, it features live apps like GMX and Dolomite, enabling trading, lending, staking, and more—all in Bitcoin. With 5-second block times and $0.02 fees, it boosts Bitcoin’s utility while preserving self-custody. The launch also includes “Bitcoin 2100,” a game where users explore apps and earn Bitcoin. Governance is handled by a 16-node federation, ensuring decentralization from day one. Info here https://shorturl.at/9ny1O)🟣 Bitget Wallet) has launched a crypto-linked Mastercard) that lets users spend crypto at over 150 million merchants worldwide with real-time, fee-free crypto-to-fiat conversion. The card is available in the UK and EU first, with plans to expand to Latin America, Australia, and New Zealand. The US launch is pending regulatory approval. Powered by Immersve’s infrastructure and Mastercard)’s security, the card targets Millennials, Gen Z, and users in emerging markets where crypto payments are growing. News via X here https://lnkd.in/dJHgVwkD)🟠 Two UAE news (See slides)⚡️ Hut 8) Raises $220 Million as Trump-Linked Crypto Projects Forge Deeper Ties With UAE⚡️ Dubai: Emirates) uses AI-powered engine monitoring to cut costly flight diversions
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