Chen Huaping, Vice Chairperson of the Securities Supervision Commission: We must do a good job in implementation, strengthen the binding of the interests of fund companies and investors, focus on solving the problems of fund "drought and waterlogging", enrich the products that match the risk tolerance of small and medium investors, and serve the needs of residents' wealth management with high quality.
Federal Reserve Goolsby: After recent observations, I am optimistic that tariffs will not ultimately become a significant barrier to trade.
Bo Hines, 29, will serve as White House digital asset policy adviser, coordinating communications between the cryptocurrency industry and the government. Hines will work under David Sacks, the new US special adviser on artificial intelligence and cryptocurrencies, and is expected to manage a team of 2-3 employees. Previously, the former Yale University football player had twice run unsuccessfully for a North Carolina congressional seat. During his campaign, he promised to promote the deregulatio...
Lawrence Summers, who served as Treasury secretary under Bill Clinton, argued that Mr. Trump's public statement that he "wants to see [interest rates] come down significantly" was a public intervention by the government that "could easily backfire and the Fed would not follow its advice". Mr. Summers added: Unless the financial marekt boom collapses, it will be difficult for the Fed to cut interest rates as much as expected. The Fed itself is eager to play down tensions with the White House. Mr....
Recently, the celebrity Meme led by TRUMP has ushered in a big explosion. In order to serve the majority of crypto investors, the on-chain aggregation trading platform Ave.ai launched the "Celebrity Coin" strictly selected channel, allowing more users to get first-hand celebrity coin information at the first time. It is reported that the channel will be promoted on the homepage of the platform, displayed in a separate section of LIST; the platform is strictly selected, the difference is copied, ...
Trump: Bo Hines will serve as the executive director of the President's Digital Asset Advisory Council ("Crypto Council").
Tether Holdings Ltd. is trying to convince Turkey to use digital assets to overhaul the country's boron market, in the latest sign that the backbone of the cryptocurrency industry is trying to capitalize on the commodities sector for further growth. Tether, an issuer of stablecoins, has presented a proposal to government officials to use blockchain technology to create digital tokens representing borate minerals, according to people familiar with the matter. Tether has also floated the idea of s...
Mick Mulvaney, who served as acting White House chief of staff in Donald Trump's administration, called cryptocurrency an industry that "breaks the mold of American politics" because of its appeal to both Democrats and Republicans. In an interview with News Nation, Mick Mulvaney said that cryptocurrencies "don't fit within the traditional political barriers of Republicans and Democrats" and cross political lines. Mick suggested that this was "part of the process" of lawmakers "realigning" intere...
Former FTX executive Ryan Salame has begun serving a seven-and-a-half-year sentence in a Maryland prison. Salame, who previously served as co-CEO of FTX Digital Markets, was being held at FCI Cumberland, Md., as of Saturday morning, according to the Federal Bureau of Prisons website. The prison is a "medium-security federal correctional facility with a minimum-security satellite camp next to it." It holds more than 1,000 inmates, according to the prison website.
On August 6th, Vitalik said on its social platform that Arbitrum and Optimism deserve praise for their first full-EVM rollups and look forward to seeing the first ZK-EVM rollups.