1. Trump to Implement Tariffs at Midnight

During Trump's speech, Bitcoin experienced significant price fluctuations but remained above $87,000. -Original

2. US Lawmakers Request Withdrawal of Digital Asset Regulatory Letters

Several Republican lawmakers from the U.S. House Financial Services Committee have written to the Federal Reserve, FDIC, and OCC, urging the withdrawal of regulatory letters such as FDIC's FIL-16-2022 and the Federal Reserve's SR 22-6 and SR 23-8, claiming they increase the regulatory burden on banks using blockchain technology, hinder innovation, and limit financial institutions' participation in the stablecoin ecosystem. The lawmakers believe the current regulatory approach harms the competitiveness of the U.S. financial system and should adopt a more technology-neutral and open regulatory framework. -Original

3. Federal Reserve's Kugler States Inflation Process May Have Stalled

Odaily Planet Daily reports that Federal Reserve's Kugler stated that the latest data suggests the progress towards the 2% inflation target may have stalled. Given the stability of economic activity and employment, as long as the risks of rising inflation persist, it supports maintaining the current policy interest rate. Rising inflation expectations and upcoming policy changes (regarding inflation) pose upward risks. It is reassuring that, so far, the increase in long-term inflation expectations has been minimal. Given the recent high inflation, consumer expectations may be more sensitive to further price increases. Labor market indicators show a continued slowdown but are not significantly weakening. -Original

4. US SEC and Gemini Request Two-Month Litigation Pause

The U.S. Securities and Exchange Commission filed a lawsuit against Gemini regarding its now-discontinued Earn product in 2023. -Original

5. PayPal Adds SOL and LINK Payment Options

Odaily Planet Daily reports that payment giant PayPal has added SOL and LINK payment options for users in the U.S. market. -Original

6. Alabama Passes Bill Allowing State to Invest in BTC

Odaily Planet Daily reports that Alabama has passed a bill allowing the state investment board to allocate funds to BTC and cryptocurrencies. -Original

7. US Treasury Sanctions 8 Tron Wallets Linked to Houthi Militants

The U.S. Treasury's Office of Foreign Assets Control (OFAC) announced that it has added 8 Tron wallet addresses associated with the Houthi militants in Yemen to its Specially Designated Nationals and Blocked Persons (SDN) list, alleging their involvement in illegal financial activities through Tether (USDT). The Treasury stated that the network is controlled by Houthi senior financial official Sa'id al-Jamal, based in Iran, and is involved in procuring sensitive goods such as Russian weapons and stolen grain from Ukraine, which are transported to Houthi-controlled areas. Sa'id al-Jamal has been designated as a global terrorist since 2021. These wallets have been active since 2023, frequently using USDT, with some transaction amounts reaching $1 million. This sanction is based on Executive Order 13324, aimed at freezing the assets of terrorist organizations and prohibiting U.S. citizens from engaging in transactions with them. Tether has not yet commented on whether it is aware of this sanction. As of now, Tether has blocked over 2,100 addresses, involving more than $1.3 billion in funds. -Original

8. Ripple's Stablecoin Launches on Kraken and Integrates into Payment Platform

Ripple announced that its RLUSD stablecoin has been launched on the cryptocurrency exchange Kraken and has begun integrating into the company's payment platform. Since its launch in December last year, RLUSD's market capitalization has approached $250 million. -Original

The above is a selection of hot topics from the past 24 hours. For faster news, please download AiCoin (aicoin.com)

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