An Italian lawmaker is urging Italy's banking foundations to invest in bitcoin, arguing that such investments could accelerate the country's support for leading cryptocurrencies. However, while the US is pushing for a strategic bitcoin reserve at the national and state level, he does not expect Italy to build a similar reserve anytime soon. Italian lawmaker Marcello Coppo said in an interview last Friday that the banking foundation should put a small...
Markets have been in an absolute frenzy since Trump won the election, but investors question whether the blockbuster performance can continue beyond his inauguration day. "If we expect the deficit to widen...
On December 1, the spokesperson of the Foreign Ministry answered a reporter's question on the US approval of the sale of US $385 million weapons to Taiwan. Q: On November 30, the US Department of Defense announced that the US State Department had approved arms sales to Taiwan totaling US $385 million. What is China's comment on this? A: The US sale of arms to Taiwan seriously violates the one-China principle and the three Sino-US joint communiques, especially the "August 17" communique. It serio...
MARA, a bitcoin-listed miner, issued a statement on the X platform urging the US government to take decisive action to address the challenges posed by bitcoin and seize the opportunities. Its recommendations include: establishing a bitcoin strategic reserve to enhance economic sovereignty; expanding the scale of domestic bitcoin mining to control global computing power; developing mining technologies such as ASIC chips to achieve self-sufficiency; supporting renewable energy mining through tax i...
The document shows that Indian steelmakers have urged the government to immediately impose a temporary tax to discourage imports.
On November 6th, Bitcoin surged to a record high of more than $75,000, breaking the record of about $73,000 set by Bitcoin in March. According to the New York Times, while the results of key swing states have not yet been announced, the odds of Trump winning have risen to nearly 90% on an influential cryptocurrency betting site. In the past two years, the Biden administration has aggressively cracked down on securities violations by crypto companies, and the industry has long been in the United ...
September 12 news, U.S. stocks closed on Wednesday, the Dow initially closed up 0.3%, the S & P 500 index rose 1%, the Nasdaq index rose 2.1%, and the three major stock indexes in the session fell more than 1%. Micron Technology (MU. O) rose more than 4%, NVDA (NVDA. O) rose 8%, Apple (AAPL. O) rose 1%. Nasdaq China Golden Dragon index rose 1%, XPeng Motors (XPEV. N) rose more than 4%, Alibaba (BABA. N) rose 1%.
Star technology stocks continued their gains, with Tesla (TSLA. O) up more than 6 percent, Amazon (AMZN. O) up more than 3 percent, and NVIDIA (NVDA. O) up 2.3 percent.
Class A share education stocks continued to strengthen in the afternoon, Codex Education rose more than 11%, Zhonggong Education returned to the limit, and Onli Education, All-pass Education, and Xueda Education rose rapidly.
US Senator Warren urged Federal Reserve Chairperson Jerome Powell to cut interest rates this week. US Senators Warren, Hickenlooper, and Whitehouse are reported to have jointly sent a letter to Federal Reserve Chairperson Powell.
The Law Commission for England and Wales has urged its government to classify all crypto assets as a new form of personal property in its final report on digital assets. The Law Commission is an independent body primarily responsible for reviewing and recommending legal reforms in England and Wales. On July 30, it released a supplementary report highlighting the inadequacies of the current classification of personal property and its legal implications for crypto assets. English law places person...
The Bank of England (BOE) has urged UK banks to accelerate the development of their digital payment solutions, as the use of cash is decreasing. A recent BOE report highlights the need for innovation to allow payments to be made directly from bank accounts, bypassing credit and debit cards, thus saving time and costs for consumers and retailers. The Bank of England is developing a central bank digital currency (CBDC), with a decision expected in 2026. Currently, most UK retail payments rely on p...
Nigeria's Finance Minister Wale Edun has urged the country's newly formed Securities and Exchange Commission (SEC) board to address the complexities of regulating cryptocurrencies. He stressed the need for strict regulation to preserve the market integrity of capital markets. Edun also stressed the importance of remaining informed and adaptable, especially in fast-moving areas such as artificial intelligence, digital currencies and overall digital transformation. The SEC board, led by Mairiga Ka...
On July 5th, Joana Cotar, a member of the German Bundestag, strongly criticized the German government's recent decision to sell most of its bitcoin holdings. The German government recently transferred more than $195 million worth of bitcoin to major cryptocurrency exchanges, including Coinbase, Kraken, and Bitstamp. This move has exacerbated market volatility, and the price of bitcoin has seen significant fluctuations. Critics argue that such a large-scale government liquidation could have a lon...
According to surging news, the National Audit Office was recently commissioned by the State Council to report to the Standing Committee of the National People's Congress on the audit of the implementation of the central budget and other fiscal revenue and expenditure in 2023. The "Report" said that in the financial sector, there are situations where taking policy dividends hinders the implementation of policy measures. Some enterprises take advantage of national ecological protection, high-tech ...