1. US Democratic Congressmen are calling for an ethics investigation into Trump's crypto project. 2. SAF: Has met with US Congressmen to discuss the "Bitcoin Strategic Reserve" proposal. 3. CryptoQuant: Since the launch of TRUMP, the total spot trading volume of centralized exchanges has reached $38 billion. 4. Goldman Sachs CEO: Goldman Sachs still cannot own, dominate or participate in Bitcoin. 5. BlackRock CEO: Bitcoin may reach $700,000 amid concerns about currency devaluation. 6. Standard C...
Gerry Connolly, the top Democrat on the House oversight committee, wrote to the committee's Republican chairperson a day after the start of Mr. Trump's new term demanding an investigation into the president's business ties. "The committee must take immediate action to investigate the serious conflicts of interest that Donald Trump has brought into the office of the president," he said in the letter.
The Democratic leader of the U.S. House Financial Services Committee, California Rep. Maxine Waters, echoed the concerns of many cryptocurrency users and lawmakers who have accused Trump of harming legitimate projects in the cryptocurrency industry with the launch of Meme. Waters said in a statement on Jan. 20 that Official Trump (TRUMP) represents "the worst of Crypto" and...
According to Politico, U.S. Senate Democrats are circulating a memo alleging that President-elect Trump's nominee for Treasury secretary, Scott Bessent, improperly declared nearly $2 million in lost tax revenue and owed nearly $1 million in taxes related to his hedge fund. This provides them with ready ammunition, as Bessent will appear before the Treasury Committee on Thursday for a hearing. (Kim Ten)
The Web3 Working Group of the Digital Society Promotion Headquarters of the Liberal Democratic Party of Japan held its second study meeting, focusing on the review of regulations related to cryptoassets (virtual currencies). The meeting discussed the different treatment of crypto assets and traditional securities in regulation, and explored the direction of future regulatory amendments. Participants believed that in addition to investor protection, it is also necessary to take into account the c...
On December 25th, according to Yonhap News Agency, according to data submitted by Lim Kwong-hyun, a member of the Democratic Party of Korea and a member of the National Assembly Planning and Finance Committee, as of the end of November, the number of digital asset investors in South Korea was 15.59 million, an increase of 610,000 from the end of October, more than 30% of the Korean population. The total amount of digital assets held is 102.60 trillion won (about 70 billion US dollars), and the d...
At the plenary meeting of the tax system committee and tax system research committee of the Liberal Democratic Party and Komeito Party of Japan, the outline of tax reform for fiscal year 2025 (Reiwa 7 years) was finalized. Takuya Hirai, the first digital minister of the Liberal Democratic Party, visited the Financial Services Agency and presented to the Financial Services Agency...
U.S. Democratic lawmakers have elected senior members of key committees for the 119th U.S. Congress, as the party prepares to become a minority party. California Rep. Maxine Waters will remain a senior member of the House Financial Services Committee until the new Congress is sworn in in 2025, the Democrats said in a Dec. 11 notice. It is reported that the House committee is responsible for legislation and policy affecting the financial services industry, including the cryptocurrency industry. R...
South Korea's largest opposition party, the Common Democratic Party, said on the 8th local time that on the morning of the 9th, it will launch a special inspection bill for the South Korean civil strife political situation and the judicial cases involved in Mrs. Yin Xiyue.
On the 8th local time, South Korea's largest opposition party, the Common Democratic Party, said that South Korea's ruling party leader Han Dong-hoon has no right to interfere in national affairs and should immediately arrest Yin Xiyue. (CCTV News)
The Democratic Party, South Korea's largest opposition party, accused President Yoon Seok-yeok of "allegedly inciting civil unrest".
Lee Jae-myung, head of South Korea's largest opposition Democratic Party, told the military and police outside parliament that "the emergency martial law that violates the constitution has expired, and it is illegal for the military and police to continue to exercise their powers" and asked the military and police to withdraw. (CCTV International News)
At a press conference today, Park Chan-dae, the House Leader of the Democratic Party of Korea, the country's largest opposition party, announced that it was abandoning plans to implement cryptocurrency profits tax in 2025, agreeing to postpone it for another two years until 2027. The proposal to "postpone cryptocurrency profits tax" was proposed by the South Korean government and the ruling People Power Party, which previously said that...
According to sources, the leadership of Germany's Social Democratic Party will nominate German Chancellor Scholz as the party's candidate for chancellor on Monday.
On November 12, according to News1, Noh Jong-myun, a spokesperson for the Democratic Party of Korea, expressed his opposition to the proposal by the government and the ruling party to delay the implementation of the capital gains tax on virtual assets for two years. This stance stands in sharp contrast to recent reports that suggest that it is increasingly possible to delay the implementation of the crypto tax until 2027.