European Union Trade Commissioner Dombrovskis: The European Union will propose to G7 finance ministers this week to lower the price cap for Russian seaborne oil, or to set the price cap at $50 a barrel.
European Union Trade Commissioner Sergei Sefcovic said he is holding talks in Washington and hopes to seize the 90-day window of opportunity to find a mutual solution to the problem of unreasonable tariffs.
European Union Trade Commissioner Sergei Sefcovic said talks were underway in Washington, hoping to seize the 90-day window of opportunity to find a mutual solution to the issue of unreasonable tariffs.
European Union Trade Commissioner Dombrovskis: We are proposing zero-to-zero tariffs on goods (to the United States), and we are ready to respond if there is no trade agreement. If necessary, we are ready to take countermeasures.
European Union Trade Commissioner Dombrovskis: We are proposing zero-to-zero tariffs on goods (to the United States), and we are ready to respond if there is no trade agreement. If necessary, we are ready to take countermeasures.
European Union Mission in Vietnam: European Union Trade Commissioner Sefcovic has postponed his visit to Vietnam due to the latest international developments.
European Union Trade Commissioner Sefcovic: The European Union is ready to take countermeasures.
In an interview with Bloomberg, SEC Commissioner Hester Peirce said that many Meme tokens may not fall under the SEC's regulatory purview because current regulations do not explicitly classify them as securities. She pointed out that if Congress or the Commodity Futures Trading Commission (CFTC) wanted to step in, that would be their decision. Peirce believes that Meme tokens have no intrinsic value and are more like digital versions of Beanie Babies or baseball cards. She said: "If people are w...
In an interview with Bloomberg on Tuesday, Securities Exchange Commission (SEC) Commissioner Hester Peirce was asked about the official Meme coins of President Donald Trump and his wife, TRUMP and MELANIA, and whether such cryptocurrencies fall under the agency's jurisdiction. The newly appointed head of the U.S. SEC's cryptocurrency task force said such assets may not fall under its jurisdiction. President Donald Trump launched his own Solana-based...
In a virtual address to a Federalist Society panel today, SEC Commissioner Hester Peirce said it was "premature" for the SEC to begin developing a crypto regulatory agenda without a Senate-approved chairperson in charge. Mark Uyeda is currently serving as acting chairperson, but the Senate is expected to vote soon on the nomination of former SEC commissioner Paul Atkins. Hester Peirce said: "Mark Uyeda, acting chairperson, has done a very good job and the agenda is playing...
ECB executive member Chipolone said that there is still room for interest rate cuts and inflation is almost on target. He pointed out that economic fundamentals are not significantly different from the forecast in December last year, and interest rate cuts are in line with the downward trend of inflation. Chipolone added that there is currently no evidence that inflation may be below target, risks are generally balanced, and there are no signs of recession, and a soft landing remains the main sc...
Hester Peirce, commissioner of the Securities Exchange Commission (SEC), introduced the mission and goals of the newly formed crypto task force, saying that the current 10 tasks of the task force include: examining the status of different types of crypto assets under securities laws, helping to identify some areas that do not fall under the committee's jurisdiction, and considering recommending that the committee take action for...
Earlier this week, Securities Exchange Commission Commissioner Hester Peirce was appointed to lead the agency's newly announced cryptocurrency task force. However, investment bank TD Cowen said her term will end in June, raising concerns about the progress of the cryptocurrency task force. Securities and Exchange Commission commissioners can serve an additional 18 months after their term expires. A report from TD Cowen's Washington research group (led by Jaret Seiberg) on Thursday...
On Jan. 22, Lisa Kruse, commissioner of the North Dakota Department of Financial Institution Group, told members of the House Committee on Industry, Commerce and Labor that the state's residents filed 103 complaints of cryptocurrency scams with the FBI, resulting in a total of $6.50 million in losses in 2023. The FBI reported in September that Americans lost $5.60 billion to cryptocurrency fraud in 2023 and recorded 5,500 cases involving cryptocurrency ATMs with losses exceeding $189 million.
On January 17, the Central Political and Legal Committee Chang An Jian issued a document on the WeChat official account, saying that the 2025 Central Political and Legal Work Conference pointed out that the Ministry of Justice should take the initiative to study and propose legislative proposals, and study new issues such as unmanned driving, low-altitude economy, artificial intelligence, virtual currency, and data ownership. It is reported that Chang'an Jian of the Central Political and Legal C...