GuShiio.com 1. Us ADP employment in February was 77000, the smallest increase since July 2024.
Us ADP employment in February was 77000, the smallest increase since July 2024, and is expected to be 140000, compared with a previous figure of 183000.
2.Trump may approve a congressional resolution to overturn the new IRS encryption tax regulations
If Congress passes a resolution to overturn the new rules of the Internal Revenue Service (IRS) related to cryptocurrency, President Donald Trump may approve it, according to sources. The regulation requires specific DeFi participants to report the total income from transactions in encrypted assets and relevant taxpayer information. The Congressional Review Bill (CRA) resolution proposed by Republican Senator Ted Cruz has won 70-28 bipartisan support in the Senate, indicating that many Democrats have also agreed to advance the discussion. The resolution still needs to be passed by the Senate and the House of Representatives before it can be sent to the Trump for approval.
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3. Several encryption industry executives have confirmed that they will attend the White House encryption summit on Friday.
Fox Business’s Eleanor Terrett tweeted that a number of encryption industry executives confirmed that they would attend the White House encryption summit on Friday, including Strategy founder Michael Saylor, Bitcoin Magazine CEO David Bailey, Paradigm co-founder Matt Huang, Exodus CEO J.P. Richardson, Multicoin Capital co-founder Kyle Samani, World Liberty Financial co-founder Zach Witkoff, Chainlink co-founder Sergey Nazarov, Coinbase CEO Brian Armstrong, Robinhood CEO Vlad Tenev and Kraken CEO Arjun Sethi.
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4. Us Commerce Secretary: Trump will announce Bitcoin reserves at the White House encryption Summit
Us Commerce Secretary Howard Lutnick said President Trump will unveil his Bitcoin reserve strategy at the White House encryption summit, marking a major shift in US encryption policy. Howard Lutnick said the strategic reserve of Bitcoin is of interest to the president. He talked about this during the campaign, and I think you will see it implemented on Friday, bitcoin is one thing, and then other encrypted tokens, I think, will be positively affected to varying degrees.
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5. Lawyer: a number of Hong Kong bank accounts for the sale of encrypted currencies have been frozen
Lawyer Liu Honglin said that in recent month, Mankiw’s team received several cases in which bank accounts in Hong Kong were frozen due to the sale of encrypted currency, and some bank staff even called customers to go to the bank and were directly taken away by the Hong Kong police after going to the bank. It is recommended to keep records of transaction orders and chat records of social software on the Internet, otherwise it will be more difficult to explain to the police.
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6.Nayib Bukele: El Salvador will not stop buying Bitcoin
El Salvador President Nayib Bukele issued a statement saying that the country’s bitcoin purchases will not stop, refuting various predictions of its termination, after the International Monetary Fund (IMF) sought to tighten restrictions on El Salvador public sector purchases of bitcoin and made it clear that the ldquo; public sector should not voluntarily accumulate bitcoin & rdquo;.
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