AiCoin Daily Report (April 10)

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8 days ago

1. U.S. Department of Justice Terminates Cryptocurrency Litigation Policy

Caroline D. Pham, acting chair of the U.S. Commodity Futures Trading Commission (CFTC), expressed support for the Department of Justice's announcement to terminate its policy of regulating the cryptocurrency industry through litigation. She instructed the CFTC not to file lawsuits based on violations of the Commodity Exchange Act registration provisions in cases where the defendant lacks subjective intent. Additionally, she has adjusted the functions of the enforcement department to promote the rapid resolution of compliance backlogs that do not involve customer harm or market abuse. -Original

2. Trump-Supported World Freedom Finance Sells ETH at a Loss

It bought ETH at a price of $3,259 and then sold it at a price of $1,465. -Original

3. China Imposes Tariffs on U.S. Goods, Escalating Market Tensions

Beijing responded with equal force to Washington's significant tariff increases, escalating trade tensions and shaking global markets. -Original

4. U.S. House of Representatives Holds Hearing on Digital Asset Market Structure Reform

The U.S. House Financial Services Committee's subcommittee on digital assets, fintech, and artificial intelligence is holding a hearing titled "The Future of American Innovation and Digital Assets: Adapting U.S. Securities Law to the Digital Age." -Original

5. Ethereum Researcher Virgil Griffith Released

According to brantly.eth, Ethereum researcher Virgil Griffith has been released and will stay at a halfway house for a few weeks before being paroled, with work restrictions (making a pardon still very important), but he is out of prison. Previously, Virgil Griffith was arrested in November 2019 after giving a talk on cryptocurrency and blockchain technology in North Korea, accused of conspiracy to violate international sanctions against North Korea. The halfway house, also known as a "reentry training facility," is a transitional institution set up in the U.S. for parolees to undergo social adaptation training before parole, providing necessary accommodation and food for released inmates. -Original

6. Tether Issues 1 Billion USDT on TRX Chain

On April 10 at 04:27 (UTC+8), Tether issued 1 billion USDT on the TRX chain, transaction hash: b226a4cec3498f4914134bbfc70b408b6072caa1fb992e5b3116fafa12b17504. Note: The above data is sourced from OKX Explorer. -Original

7. Swedish Lawmaker Proposes Including Bitcoin in Foreign Exchange Reserves

Swedish Member of Parliament Rickard Nordin has requested the Finance Minister to diversify foreign exchange reserves to include Bitcoin. The Swedish Parliament recently received a written inquiry that reignited the debate on how the country manages its foreign exchange reserves. The inquiry, raised by MP Nordin, focuses on whether Sweden should consider including Bitcoin in its official foreign exchange reserves. He emphasized that some countries, particularly El Salvador, have established Bitcoin as legal tender. He further pointed out that central banks around the world are increasingly discussing Bitcoin and its impact on monetary policy, indicating that the concept of holding BTC may become an integral part of broader financial hedging strategies. Nordin's written inquiry also mentioned developments in the U.S., noting that Bitcoin has appeared in more formal contexts, including ETFs and corporate purchases of Bitcoin. -Original

8. Federal Reserve Meeting Minutes Indicate Maintaining Interest Rates

Odaily Planet Daily reports: Federal Reserve meeting minutes indicate that all participants believe it is appropriate to maintain interest rates unchanged, given the significant uncertainty regarding the economic outlook. -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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