U.S. Democratic Senator Elizabeth Warren has criticized Trump's meme and urged the U.S. Office of Government Ethics and financial regulators to delve into the ethical and regulatory details of the TRUMP token. Warren, the top Democrat on the Senate Banking Committee, which oversees U.S. financial regulators, said the assets, including First Lady Melania Trump's own eponymous meme coin, posed a potential conflict of interest.
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...
U.S. Rep. Gerald Connolly, Democrat of Virginia, has called on the U.S. House Oversight and Government Reform Committee to investigate whether President Trump's cryptocurrency enterprise conflicts with his presidential duties. Connolly said in a Jan. 21 letter to committee Republican Chairperson James Comer that Trump may have been removed from his W...
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...
The South Korean government announced today that it has imposed sanctions on 15 individuals and an entity from the Democratic People's Republic of Korea who have been involved in illegal cyber activities, including cryptocurrency theft. The South Korean Foreign Ministry said in a statement that the 15 North Korean individuals had been working for Bureau 313 under the Ministry of Machine Industry of the Workers' Party of Korea. The department, which has been sanctioned by the United Nations Secur...
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...
Cardano co-founder Charles Hoskinson plans to meet with Democratic senators to advance a bipartisan crypto agenda. Hoskinson tweeted that he will hold talks with senators, including John Fetterman of Pennsylvania, to make crypto a bipartisan issue. Charles Hoskinson said: "Many in the leadership believe that Warren and Biden have the wrong understanding of crypto, and it is time for them to join the conversation.
U.S. Senate Democratic leader Chuck Schumer: An agreement has been reached to pass a temporary funding bill before midnight (local time).
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...
The commander of the Syrian Democratic Forces said that under the mediation of the United States, the Syrian rebels and the Syrian Democratic Forces reached a ceasefire agreement in the northern city of Manbij.
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.