1. The number of adp jobs in the United States in January was 183,000, and 150,000 were expected
The number of adp jobs in the United States in January was 183,000, and the expected number was 150,000, with a previous value of 122,000. 038; ldquo; The number of small non-agricultural farmers was slightly higher than expected, the highest since October last year.
2. Qcp Capital: Cryptocurrency czar David Sacks ‘meeting yesterday disappointed the market
Qcp Capital pointed out that yesterday’s meeting of cryptocurrency czar David Sacks disappointed the market; remained cautious about the negative geopolitical impact of tensions between China and the United States, especially given global market uncertainty; and the postponement of tariffs on Mexico and Canada provided some relief to the cryptocurrency market. However, the Sino-US tariff war remains the focus.
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3. US SEC cuts back on cryptocurrency enforcement
The U.S. Securities and Exchange Commission (SEC) is downsizing a unit of more than 50 lawyers and staff dedicated to cryptocurrency enforcement, marking the first concrete action taken by the Trump administration on cryptocurrency and digital asset regulation. Some lawyers in the department have been transferred to other departments, and the transfer of some key lawyers is seen as unfair demotions.
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4. Wu Jiezhuang: Hong Kong needs to speed up its study on the feasibility of Bitcoin as a strategic reserve
Ng Kit Chuang, member of the National Committee of the Chinese People’s Political Consultative Conference and member of the Legislative Council of Hong Kong, said that Hong Kong needs to speed up the study of the feasibility of Bitcoin as a strategic reserve in Hong Kong; open up the authority of stablecin companies currently approved in the sandbox and allow them to be published and implemented as soon as possible; seek national support, use Hong Kong’s unique location and some mainland cities in the Greater Bay Area as pilot stablecin application, use stablecoins to solve pain points in international trade; and immediately relax the types of transactions on licensed virtual asset trading platforms; Strategically open a digital asset office to promote the development of artificial intelligence and virtual assets.
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5. The U.S. Congress forms a joint working group to promote cryptocurrency legislation
David Sacks said at a press conference attended with leaders of relevant parliamentary committees that the U.S. House and Senate are forming a joint working group to promote cryptocurrency legislation. Tim scott, chairman of the senate banking committee, said the committee would deal with the stablecoin issue first. In addition, the House and Senate will also promote legislation related to market forms. French hill, chairman of the House Financial Services Committee, said that along with the stablecoin bill, bills similar to the 21st Century Financial Innovation and Technology Act (Fit21) will also be advanced in the House.
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