President Trump signed an executive order establishing the Department of Government Efficiency.
On January 21st, US President-elect Donald Trump said that we will impose tariffs and taxes on foreign countries to benefit our citizens, rather than making other countries rich by taxing our citizens. To that end, we are establishing the External Revenue Service to collect all tariffs, taxes. This will allow a lot of money from foreign services to flow into our treasury. The American dream will soon return and flourish at an unprecedented rate.
Blockchain associations from eight U.S. states have announced the formation of the North American Blockchain Association (NABA), an organization that aims to provide cohesive crypto policy advice to the federal government. Members include the Texas Blockchain Council, the Alabama Blockchain Alliance, the California Blockchain Advocacy Coalition, the Florida Blockchain Business Association, the Ohio Blockchain Council, the Pennsylvania Blockchain Alliance, the Virginia Blockchain Council, and the...
President-elect Donald Trump said a "foreign tax service" would be established to "collect duties, taxes and all foreign-sourced income".
The Bank of England (BoE) has announced that it will establish a "Digital Pound Lab" in 2025 to conduct CBDC innovation experiments in a sandbox environment. According to the latest digital pound progress report released by the central bank, the lab will provide a CBDC API testing platform for the private sector to explore innovative application scenarios and business models. The Bank of England said it has in-depth understanding of user requests through surveys and working groups, and the lab w...
On January 13, Li Jiachao, the Chief Executive of the Hong Kong Special Administrative Region, said at the 18th Asian Financial Forum in Hong Kong that Hong Kong will explore new growth areas, including the establishment of an international gold trading center, providing world-class gold storage facilities, adding insurance, testing and certification, logistics and other supporting services, and eventually forming a complete gold trading center and related industrial chain to provide investors w...
Hong Kong has set up a "regulatory incubator" to promote the proper adoption of blockchain technology by banks as the region continues its efforts to become a cryptocurrency hub. On Wednesday, the HKMA (de facto central bank) announced that the incubator is designed to help banks manage the risks associated with experimenting with blockchain or DLT implementations. The HKMA said the incubator will focus on tokenized deposits as the scheme aims to address latent risks as banks shift to production...
On January 9th, Cinda Real Estate announced that the company and China Cinda and Xinsheng Libao jointly initiated the establishment of a real estate industry stock asset rescue fund. The total size of the fund of funds subscribed 20.001 billion yuan, of which the company subscribed 10 billion yuan as a inferior limited partner, mainly investing in the real estate industry problem enterprise rescue, problem project revitalization, participating in bankruptcy reorganization, legal auction and othe...
BEX: Establish an information disclosure evaluation system for listed companies. In terms of evaluation methods, four evaluation grades of A, B, C, and D are set up, and points are added or subtracted on the basis of unified benchmark points for initial rating. Then the evaluation results are revised through the "negative list" to enhance the effectiveness of the evaluation.
According to TASS, Russian and BRICS companies will establish an AI development alliance.
Binance announced a strategic partnership with Circle to expand the adoption of USDC stablecoins and support the global digital asset and financial services ecosystem. Binance will integrate USDC into its products and services, and Circle will provide Binance with technology, liquidity, and tools.
DWF Labs announced the establishment of a $20 million special project fund on the X platform, focusing on the development of Web3 autonomous AI agent solutions. The fund will provide up to $100,000 Cloud as a Service credits for selected projects, and provide strategic consulting and blockchain ecosystem docking support.
President-elect Donald Trump says Ukraine should immediately cease fire and negotiate.
On December 6th, Australia established a task force to strengthen the management of crypto ATMs. The task force aims to ensure that digital currency exchanges (DCEs) providing cryptocurrency ATM services meet minimum standards. The initiative aims to implement strong measures to prevent these machines from being used for scams, fraud or criminal transactions. Under the Anti-Money Laundering/Counter-Terrorism Act 2006, DCEs, including cryptocurrency ATM providers, must register with the Australia...