On January 17, the Central Political and Legal Committee Chang An Jian issued a document on the WeChat official account, saying that the 2025 Central Political and Legal Work Conference pointed out that the Ministry of Justice should take the initiative to study and propose legislative proposals, and study new issues such as unmanned driving, low-altitude economy, artificial intelligence, virtual currency, and data ownership. It is reported that Chang'an Jian of the Central Political and Legal C...
The Central Political and Legal Work Conference was held in Beijing from the 12th to the 13th. The meeting made arrangements for promoting comprehensive rule of law and striving to build a higher level of rule of law China. The meeting called for the Ministry of Justice to take the initiative to study and propose legislative proposals for key areas, emerging areas, and foreign-related fields. For example, new issues such as unmanned driving, low-altitude economy, artificial intelligence, virtual...
US crypto law firm BurwickLaw has announced that it will file a legal action on behalf of investors who have suffered losses on Pump.fun. It is reported that only 0.4% of the 14 million crypto wallets that interacted with Pump.fun made more than $10,000 in profits.
On January 14, according to ajunews, the Ministry of Foreign Affairs of South Korea (MOFA) jointly issued a statement on its official website with the United States and Japan to explain North Korea's alleged involvement in cryptocurrency theft and emphasize the importance of public-private sector cooperation. According to the tripartite organization, North Korea stole about $660 million of cryptocurrency in 2024. These include $308 million stolen from DMM Bitcoin, $50 million stolen from Upbit, ...
Luo Zhuojian, a member of the National Committee of the Chinese People's Political Consultative Conference and a consulting expert of the Ministry of Finance, issued a document calling for the active development of stablecoins to protect the advantages of Hong Kong's financial center. He pointed out that Hong Kong can cooperate with Financial Institution Groups in other regions in the application of stablecoins to explore its potential in international settlement and cross-border application mod...
On January 10th, at CES 2025 in Las Vegas, Nicholas Zaldastani, co-founder of CESS, was invited to participate in a dialogue with industry leaders on decentralized AI and Web3 innovation, showing how CESS empowers AI development by building a decentralized data infrastructure. Through edge computing and decentralized multi-layer network architecture, CESS provides fast and secure data storage, distribution and training solutions to support smart cities, DeSci, medical AI and other scenarios. At ...
Hong Kong's Secretary for Financial Services and the Treasury, Hui Zhengyu, wrote in his online column "Treasury Theory" that Hong Kong has added virtual assets and other qualifying asset classes. There are currently more than 1,100 fintech companies, with an annual growth rate of 15%. Hong Kong will continue to promote the central bank's digital currency, mobile payment, digital banking, virtual asset trading, etc. Technology applications, and promote the healthy, responsible and sustainable de...
On December 27, the visa fee reduction measures for Chinese embassies and consulates abroad will be extended until December 31, 2025. For details, please consult the local Chinese embassy and consulate.
On December 27, Foreign Ministry Spokesperson Mao Ning presided over a regular press conference. Mao Ning said that the United States has recently announced that it will provide large-scale arms assistance and sell weapons to the Taiwan region of China. The US "National Defense Authorization Act for Fiscal Year 2025" includes a number of negative provisions related to China, which seriously violates the one-China principle and the three Sino-US joint communiques, seriously interferes in China's ...
European Union Vice President and European Union foreign affairs chief Edouard Karas said in a statement that the European Union intends to impose new sanctions on Russia's shadow fleet over the Baltic Sea incident.
Teresa Goody Guillén, a former litigation advisor to the Securities Exchange Commission and a partner at law firm BakerHostetler, said that the Securities Exchange Commission is expected to bring fewer cases against cryptocurrency companies in the new year, and in the future, the Securities Exchange Commission will only be able to file lawsuits in cases involving securities. Therefore, if the lawsuit does not involve securities, the agency will refer these bad actors to the Department of Justic...
On December 22, a Foreign Ministry spokesperson said that the United States has once again provided military aid and arms sales to China's Taiwan region, which seriously violates the one-China principle and the provisions of the three Sino-US joint communiques, especially the "August 17" communique. It seriously violates China's sovereignty and security interests, seriously violates the US leader's commitment not to support "Taiwan independence", and sends a serious wrong signal to the "Taiwan i...
On December 20, local time, the South Korean police special investigation team launched a private investigation into Prime Minister Han Duk-soo.
On December 12, the Ministry of Human Resources and Social Security and other five departments issued the "Notice on the Full Implementation of the Individual Pension System". The notice requires optimizing the supply of products, and on the basis of existing financial products such as wealth management products, savings deposits, commercial pension insurance, and public funds, specific pension savings and index funds will be included in the personal pension product catalog. The notice also incr...
Technical analyst and founder of Fairlead Strategies Katie Stockton pointed out that Bitcoin's failure to maintain above $100,000 for more than a few days left the historic breakout "unconfirmed" and opened up Bitcoin's potential weakness in the short term. He said that the short-term rally is weak, and there is a new daily level counter-trend signal to support Bitcoin to consolidate in the coming weeks before continuing its upward trend. Two support levels that investors should watch, including...