According to The White House, the newly passed bill repeals all green corporate welfare subsidies previously established under the Inflation Reduction Act (source: The White House, June 9, 2025). This legislative rollback eliminates incentives for renewable energy companies, potentially impacting the valuation of renewable energy-linked crypto tokens and blockchain projects tied to carbon credits. Traders should monitor sector-specific tokens and related ESG projects for volatility as institutional capital may shift away from sustainability-focused digital assets.

According to The White House (@WhiteHouse), the passage of a major US bill eliminates over $500 billion annually in Green New Deal-related tax credits, immediately stopping these credits from reaching Chinese entities. This policy shift could reduce global liquidity for clean energy sectors, potentially impacting related crypto tokens and blockchain projects focused on green initiatives. Traders should monitor tokens linked to carbon credits and renewable energy for potential volatility, as a rapid change in US policy may trigger shifts in sentiment and capital flows across the cryptocurrency market (Source: The White House, June 9, 2025).