News list for " proposed"
According to techinasia, the Legislative Council of Hong Kong, China, discussed the proposed stablecoin bill on January 23. This was the first meeting of the bill since its first reading on December 18, 2024. Key officials, including Deputy Secretary General for Financial Services and the Treasury Francis Ho, outlined the regulatory framework for stablecoins. The bill requires issuers to obtain a license from the HKMA and maintain a reserve of high-quality, highly liquid assets. The proposed leg...
On January 23rd, Kansas Senator Bowser introduced Senate Bill 34, which aims to invest public employees' retirement funds in bitcoin ETFs. According to the text of the bill, the bill intends to authorize the Kansas Public Employees' Retirement System (KPERS) Trust Board to invest up to 10% of the funds of the Kansas Public Employees' Retirement Fund in bitcoin ETF products.
According to a report by BitcoinNews, the US state of Utah has proposed a new bill that would allow the state government to allocate 10% of its funds to bitcoin and other cryptocurrency investments.
According to official documents, U.S. Rep. Jordan Teuscher of Utah proposed strategic bitcoin reserve legislation, which aims to authorize the state treasurer to invest in specific digital assets, including virtual currencies, cryptocurrencies and stablecoins with a market value greater than $500 million, and establish relevant requirements and regulations for the management and investment of these assets. The investment ratio shall not exceed 10% of the total funds in the account.
U.S. Rep. Jordan Teuscher of Utah has proposed legislation for strategic bitcoin reserves.
According to CNBC: US artificial intelligence company Perplexity AI has proposed to merge with TikTok US and submitted a takeover offer to TikTok parent company ByteDance. The new structure will allow most of ByteDance's existing investors to retain their stake.
Arkansas lawmakers have introduced a new bill that would ban cryptocurrency mining within 30 miles of any U.S. military installation in the state.
U.S. Senator Charles Schwertner has introduced Senate Bill 778 (SB 778), which, if passed, would make Texas the first state in the United States to establish a strategic bitcoin reserve. Mr. Schwertner stressed that Texas, which has the second-largest economy in the US and the highest concentration of bitcoin miners in the country, should take the lead in adopting bitcoin. The proposal could allow the state to collect taxes, fees and donations in bitcoin.
In response to the question raised by X users "why the cryptocurrency field has not come forward to acquire TikTok", TRON founder Sun Yuchen replied on the social platform: "Okay, I can propose to acquire TikTok, so everything is solved."
The North Dakota State Law Agency in the United States has introduced Resolution 3001, recommending that a portion of state funds be invested in digital assets and precious metals to counter the impact of inflation. This proposal was co-sponsored by multiple state legislators and aims to protect the state finances through asset diversification. If the resolution is passed, the North Dakota State Legislative Assembly will direct the state Treasury and Investment Committee to set aside a portion o...
On January 10th, the draft proposes that the online information content service platform shall establish a hierarchical management system according to the indicators such as the compliance of MCN institutions, the number of its accounts and the total number of fans, and take corresponding management measures to prevent information content risks. The online information content service platform shall display the name of the network information content multi-channel distribution service organizatio...
On January 8, at a press conference at Mar-a-Lago, US President-elect Donald Trump made a number of shocking statements in just one hour and escalated his rhetoric on sovereignty issues with Canada and other countries. He called for Canada to be admitted as part of the United States through economic means, and did not rule out the use of force to seize the Panama Canal and Greenland. He also demanded that NATO countries increase their defense spending to 5% of GDP. He also vowed that if Hamas di...
On January 5 local time, it was learned that the South Korean court rejected Yoon Seok-yuet's application for objection to the execution of the arrest warrant. Yoon Seok-yuet's lawyer, Yoon Ka-geun, filed an application for objection to the execution of the arrest warrant and the seizure search warrant with the Western District Court of Seoul, South Korea on the 2nd. Yoon Ka-geun said that the arrest warrant and search warrant issued by the court on December 31, 2024 could not be executed becaus...
Market news: Nippon Steel (Nippon Steel) has proposed a new plan to U.S. President Biden, hoping to acquire U.S. Steel. U.S. Steel (X. N) rose more than 3%.
In its newly released tax reform outline, Japan's Financial Services Agency (FSA) plans to change the status of crypto assets from payment instruments to financial assets. According to the outline, crypto asset transactions will receive the same tax incentives as financial products such as listed stocks, provided that appropriate investor protection mechanisms, disclosure obligations, and compliance requirements are established.
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