On February 6th, the US House Financial Services Committee Oversight and Investigations Subcommittee will hold a hearing at 14:00 EST on February 6th (3:00 AM Beijing time on the 7th), with the theme of "Choke Point 2.0: How the Biden Administration is cracking down on cryptocurrencies", focusing on the issue of banking services restrictions facing the crypto industry. Witnesses include Austin Campbell, Paul Grewal, Fred Thiel, and Shayna Olesiuk, and are expected to address the attitude of fina...
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 US Financial Stability Oversight Council (FSOC) released its annual report yesterday, in which it noted that stablecoins continue to pose a latent risk to financial stability as they are highly vulnerable to runs in the absence of proper risk management standards. The FSOC said the stablecoin market is highly concentrated, with one company holding around 70% of the total market capitalization of the sector. Although the FSOC did not specify which company, it warned that if "the company's" ma...
OpenAI said the company's safety and security committee will become an independent board oversight committee, which Zico Kolter will chair.
OpenAI: The Safety and Security Committee will become an independent board oversight committee, and Zico Kolter will chair the Safety and Security Committee.
Nearly half of corporate political donations in the 2024 election cycle came from cryptocurrency companies, according to a report released Wednesday by corporate influence watchdog Public Citizen. Public Citizen's report, which is based on data provided by government transparency group OpenSecrets, found that 48 percent of corporate election spending so far has come from crypto companies like Ripple and Coinbase. The vast majority of these donations have gone to pro-cryptocurrency super politica...
According to sources, OPEC + has postponed the start of the Joint Ministerial Monitoring Committee (JMMC) by one hour to 11:00 Greenwich Mean Time (19:00 Beijing time), and no policy changes are expected at the JMMC meeting.
The US Secret Service will brief the House Oversight Committee on the Trump assassination on Tuesday. Republican Congressman Green and the deputy director of the Federal Bureau of Investigation (FBI) will speak on the Trump assassination today. In addition, according to Fox News, the chairperson of the US House Homeland Security Group also plans to speak with the FBI deputy director.
The House Oversight Committee has sought a hearing on the Trump shooting.
Debbie Stabenow, chair of the Senate Agriculture Committee, said the latest legislative proposals to oversee cryptocurrency markets will be presented to the rest of the committee this week, and the committee's senior Republican said his meetings with crypto industry leaders suggest legislative work may not be ready. Meanwhile, Commodity Futures Trading Commission Chairperson Rostin Behnam urgently testified that Congress needs to act on digital assets.
The next OPEC + Joint Ministerial Monitoring Committee (JMMC) will be held on August 1.
On May 28th, OpenAI formed a committee led by Sam Altman to evaluate the safety and safeguards of its artificial intelligence models. The governance change comes just weeks after the executive responsible for the field resigned and the company disbanded its internal team. The new committee will spend 90 days evaluating the safeguards for OpenAI technology and then submit a report. Following a full board review, OpenAI will publicly share the recommended updates that have been adopted in a manner...