Warren, a Democrat, called on Senate Democrats to oppose the measure, warning that it would open the door for big tech companies to take over the dollar.
According to market sources, Japan's cryptocurrency reform bill will be submitted to the Diet after cabinet approval.
U.S. Rep. Hill said Trump should cooperate with Congress on the issue of bitcoin reserves.
On March 4th, Lou Qinjian, spokesperson for the Third Session of the 14th National People's Congress, said that by the end of last year, the 2 trillion yuan replacement bond quota for 2024 had been fully issued, and most areas had completed the replacement. The relevant work on the issuance of 2 trillion yuan replacement bonds in 2025 has been started. The Standing Committee of the National People's Congress will, in accordance with relevant laws and regulations, strengthen the supervision of th...
1. EIA Report: US Strategic Petroleum Reserve (SPR) inventories remained unchanged at 395.30 million barrels in the week of February 14. 2. EIA Report: Commercial crude oil inventories excluding strategic reserves increased by 4.633 million barrels to 432 million barrels, an increase of 1.08%. 3. EIA Report: The four-week average supply of US crude oil products was 2036.0 million barrels per day, an increase of 3.72% over the same period last year. 4. EIA Report: US domestic crude oil production...
As reported by VNEconomy last month, Vietnam's Ministry of Planning and Investment is seeking comments on the National Assembly's draft resolution on building a regional and international financial center in the country. The draft proposes that cryptoassets and cryptocurrency trading within the financial center will be officially implemented as of July 1, 2026. According to the draft, the regional financial center will be located in Da Nang City, while the international financial center will be ...
On February 17, the 38th meeting of the chairpeople of the Standing Committee of the 14th National People's Congress was held in the Great Hall of the People in Beijing on the afternoon of the 17th. Chairperson Zhao Leji presided over the meeting. The meeting decided that the 14th meeting of the Standing Committee of the 14th National People's Congress will be held in Beijing from February 24 to 25. The agenda of the 14th meeting of the Standing Committee suggested by the chairpeople's meeting a...
According to Fox News, Tether is in direct talks with U.S. lawmakers on stablecoin legislation to influence how the U.S. regulates stablecoins.
Federal Reserve Chairperson Jerome Powell attended a hearing of the Senate Committee on Finance, Housing and Urban Affairs to deliver semi-annual monetary policy testimony and answer questions from lawmakers. Key points of Powell's testimony include: Inflation has moved much closer to the 2 per cent long-term target, although still slightly higher, and risks under the dual mandate are being watched closely. Recent data suggest that economic activity continues to grow at a healthy pace.
US Republican Congressman Anna Paulina Luna will lead a new working group that will be responsible for the "declassification of federal secrets". It is reported that the working group will release classified documents related to the assassinations of former US President John F. Kennedy, former Attorney General, former US Senator Robert Kennedy, and civil rights leader Martin Luther King, according to an executive order signed by President Trump. In addition, the working group will also be respon...
Mr. Schumer, the Democratic leader in the US Senate, has sought to shift the blame for a possible US government "shutdown" in March to John Thune, the Republican leader in the Senate, and congressional Republicans. Mr. Schumer said Mr. Thune "appears to have abandoned" the normal order of the appropriations process. Republicans have a responsibility to take seriously and avoid a Trump administration "shutdown" in a bipartisan way.
Musk expressed support for former Congressman Ron Paul to lead the Federal Reserve's audit.
Arizona Rep. David Marshall introduced House Bill 2387, which proposes strict regulation of cryptocurrency ATM operations. This follows a series of such incidents in the state, including a woman who was defrauded of $17,000 by scammers. The proposed bill would implement several protections, including: Daily trading limit of $1000 Mandatory state operator licensing Required refund policy options
On February 7 local time, a group of Democratic congressmen tried to enter the US Ministry of Education building, but were blocked by police and staff of the "Ministry of Government Effectiveness". Democratic congressman Maxwell Frost released a video saying that they went to the Ministry of Education that day to "fight for the support of education work". Frost also claimed that Musk's "goons" can enter the Ministry of Education, but the people's elected members of Congress cannot. (CCTV Interna...
U.S. Representatives French Hill and Brian Steele have released a discussion draft of a bill that would establish a regulatory framework for U.S. dollar-pegged payment stablecoins. The legislation would impose a two-year ban on the issuance of "endogenous collateralised stablecoins", meaning issuers would be prohibited from creating stablecoins backed by self-issued digital assets. In addition, it would require the US Treasury to promote research on stablecoins. Before the draft bill was release...