US SEC launches cryptocurrency task force to develop regulatory framework

According to Jinshi, Mark Uyeda, acting chairman of the U.S. Securities and Exchange Commission (SEC), has established a cryptocurrency task force "committed to developing a comprehensive and clear regulatory framework for cryptocurrency assets."

The US SEC has established a cryptocurrency task force to develop a regulatory framework. According to Jinshi, Mark Uyeda, acting chairman of the U.S. Securities and Exchange Commission (SEC), has established a cryptocurrency task force "committed to developing a comprehensive and clear regulatory framework for cryptocurrency assets." Commissioner Hester Peirce will lead the task force. The focus of the task force will be to help the commission draw clear regulatory boundaries, provide a practical registration path, develop a reasonable disclosure framework, and wisely deploy law enforcement resources. Senior advisors Richard Gabbert and Taylor Asher serve as chief of staff and chief policy advisor to the task force, respectively.

Trump responds to coin issuance: I don’t know much about TRUMP coin, I just know that I launched it. According to Jinshi, Trump responded to the coin: I don't know if it (TRUMP coin) is profitable, I don't know much about it, I just know that I launched it. I heard it was very successful.

Trump: Signed pardon for Silk Road founder Ross Ulbricht According to Jinshi.com, US President Trump said he had signed a pardon for Ross Ulbricht, the founder of the dark web Silk Road.

Trump: OpenAI, SoftBank and Oracle will invest $500 billion in artificial intelligence According to Reuters, U.S. President Donald Trump announced on Tuesday that three leading companies will make huge investments in artificial intelligence infrastructure. Trump said at the White House that OpenAI, SoftBank (9984.T) and Oracle (ORCL.N) will form a joint venture called "Stargate" with a planned investment of $500 billion. Trump said he would use an emergency executive order to help advance the project.

Trump's second son: Now is the best time to invest in the United States, betting on cryptocurrencies and other fields Eric Trump, the second son of Trump, posted on X: “I think now is the best time to invest in the United States. Bet on our markets, energy, technology and cryptocurrencies, bet on a country that has broken free from restrictions and shackles and now has unlimited potential. There is no doubt that Biden has left a mess, but this mess will be fixed, and the next four years will be brilliant. Transformative wealth will be created, and I hope everyone enjoys the process.”

The U.S. government's Department of Efficiency updates its website logo from the Dogecoin logo to another dog illustration The U.S. Department of Government Efficiency (DOGE) has updated its website logo from the Dogecoin DOGE logo to another dog illustration.

Crypto market maker CLS Global pleads guilty following FBI sting operation and investigation According to Reuters, CLS Global, a cryptocurrency financial services company based in the United Arab Emirates, agreed on Tuesday to plead guilty to U.S. charges that it provided services to assist in market manipulation involving a digital token created at the request of the FBI to uncover fraud in the cryptocurrency industry. CLS Global was one of three companies and 15 individuals indicted by federal prosecutors in Boston last year following an undercover investigation called Operation Token Mirrors, which marked the first time the FBI personally directed the creation of digital tokens and set up fake cryptocurrency companies to entrap fraudsters. Prosecutors pointed out that CLS was one of three market makers that provided illegal trading services to cryptocurrency companies and agreed to assist in manipulating the market for the FBI-backed NexFundAI token (which runs on the Ethereum blockchain) during the sting operation. CLS admitted in court documents that it agreed to provide services, including fake trades, for the NexFundAI token. On Tuesday, prosecutors announced that CLS will plead guilty to two charges of fraudulent manipulation of cryptocurrency trading volume and pay a fine of $428,059. In addition, CLS will be prohibited from participating in cryptocurrency trading on trading platforms available to U.S. investors or providing services to U.S. cryptocurrency customers. CLS Global also committed to conduct annual certifications of its business practices and agreed to settle related civil charges brought by the U.S. Securities and Exchange Commission (SEC).

Kenya proposes law requiring digital asset businesses to have local offices According to Bloomberg, the Kenyan government is drafting a law requiring virtual asset service providers to set up offices locally to strengthen supervision of the fast-growing digital asset industry. The proposed policy does not apply to assets that cannot be transferred, traded or used for payment and investment outside a closed ecosystem. It aims to address gaps in the legal and regulatory framework in the field of virtual assets and address issues such as consumer protection, governance, data privacy and cybersecurity. Kenya introduced a 3% income tax on digital asset transactions in 2023, but has not yet established a comprehensive industry regulatory framework. The government hopes to fill the regulatory gap through this move while addressing industry risks such as money laundering, terrorist financing, tax evasion, fraud and cybercrime.

EigenLayer has launched the Rewards v2 mainnet, introducing multiple features such as operator-specific rewards