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Techub News News, according to bitcoinist, the U.S. Senate Banking Committee received over 100 amendments before Thursday's mark-up of the CLARITY Act. Senator Warren submitted over 40 amendments aimed at preventing crypto companies from obtaining Federal Reserve master accounts, and Senator Reed proposed banning the use of cryptocurrency assets for tax payments. The new market structure text released by committee chairman Tim Scott and others will serve as the basis for the mark-up. Scott stated that the bill is intended to protect consumers and enhance competitiveness. Currently, the point of contention is the restriction on stablecoin rewards, with the banking sector demanding stricter limits on rewards similar to deposit interest, forcing lawmakers to choose between the cryptocurrency industry and traditional banking.
Techub News reported, according to Jinshi Data, that on Sunday local time, Trump told reporters aboard the U.S. Air Force One that Iran has already "met" "most" of the 15 ceasefire demands previously presented by the U.S. to Tehran, although it remains unclear whether substantive negotiations are actually underway between the two sides. He stated: "They have met most of our points. Why wouldn't they? We will put forward a few other demands." However, he declined to specify what concessions Iran has made. Publicly, Iran has explicitly rejected the list of 15 ceasefire conditions and has instead put forward its own five preconditions—including complete control over the sovereignty of the Strait of Hormuz. This weekend, officials from Pakistan, Saudi Arabia, and Turkey held meetings in an attempt to find a way out of the conflict, but there is currently no indication that the talks have made substantive progress. The Pakistani Foreign Minister stated after meeting with counterparts from various countries: "Both Iran and the United States have expressed trust in Pakistan and are willing for Pakistan to host follow-up negotiations." However, neither side has indicated readiness for direct dialogue.
Techub News reports that Tether CEO Paolo Ardoino posted on platform X, stating that some are attempting to stifle the dream of a free internet, while artificial intelligence itself was born in a cage. The company is investing significant resources to ensure that AI communication and intelligence remain free. This statement aims to emphasize Tether's strategic positioning in the AI field, promoting open and decentralized development.
Techub News reported, according to The Block, based on the final judgment issued by the U.S. District Court for the Southern District of New York, the U.S. SEC has dismissed the charges it filed in 2023 against Tron founder Justin Sun, the Tron Foundation, and the BitTorrent Foundation. Rainberry, the company under Justin Sun's control that developed the BitTorrent protocol and BTT token, was fined a $10 million civil penalty and agreed to never engage in fraudulent securities market conduct. In 2023, the SEC charged Justin Sun and his three affiliated companies with the unregistered sale of TRX and BTT tokens. Justin Sun was also charged with manipulating the price of TRX through wash trading and paying celebrities to promote the tokens without disclosing the compensation.
Techub News reported, according to Cointelegraph, South Korean financial services group Mirae Asset's subsidiary Mirae Asset Consulting has agreed to acquire equity in the domestic cryptocurrency exchange Korbit. According to submitted regulatory documents, the company plans to acquire 269 million shares of Korbit for 133.48 billion won (approximately $93 million), which will give it a 92.06% stake in the exchange. The transaction will be paid entirely in cash. The deal has not yet been completed. Upon meeting the closing conditions stipulated in the contract, the settlement process will commence and is expected to be completed within seven business days after the conditions are met. Korbit's latest financial report shows its annual revenue reached 8.7 billion won, with a net profit of 9.8 billion won, reversing previous consecutive losses. The exchange is primarily controlled by NXC and its subsidiary Simple Capital Futures, which together hold approximately 60.5% of the shares. SK Square holds an additional 31.5% stake.
Techub News reports that NEO founder Da Hongfei stated that he and co-founder Erik Zhang have agreed to halt today's dispute, as it is harmful to both NEO and the community. They are currently busy preparing the financial report, aiming to release a comprehensive preview version before February 15. This preview will provide detailed information for financial verification, budget planning, and governance reform. Regular updates will be provided before the final version is released. Previously, the two NEO founders had a falling out, with Da Hongfei being accused of failing to fulfill financial disclosure commitments, and Erik being accused of monopolizing the foundation's financial authority.
Techub News reports that the protocol fix proposal (Mainnet-28) put forward by the Flow Foundation has received unanimous agreement from network validators and has been successfully deployed. Current network status: the network is online and producing blocks but is in an idle/read-only mode, and ordinary transaction submission (ingestion) remains paused.
Techub News reports that El Salvador and the IMF have made "significant progress" in negotiations regarding the sale of the government's e-wallet Chivo, and continue to discuss the Bitcoin project, focusing on enhancing transparency, safeguarding public resources, and reducing risks. The IMF stated that the Salvadoran government has agreed at the policy level to no longer actively increase its Bitcoin holdings and has been required to fully comply with this commitment by the end of 2025 at the latest. However, El Salvador's official Bitcoin Office still claims it is "purchasing one Bitcoin daily" and announced on December 22 that its holdings have increased to 7,509 Bitcoins.
Techub News, according to JIN10 data, the Federal Reserve meeting minutes mentioned that participants unanimously agreed that recent indicators suggest the growth of economic activity has slowed in the first half of this year. To reflect the latest developments in the labor market, they agreed to no longer describe labor market conditions as "solid" but instead state that job growth has slowed, and the unemployment rate has edged up but remains low. Participants unanimously agreed that inflation remains somewhat elevated and consented to add that inflation has increased. They agreed that the Committee should focus on risks to both sides of its "dual mandate" and added that downside risks to employment have increased to reflect their concerns about the labor market. To support the Committee's goals and considering the changes in the balance of risks, almost all members agreed to lower the target range for the federal funds rate by 25 basis points to 4%-4.25%. One member voted against this decision, advocating for a 50 basis point rate cut.
Techub News, Kraken co-CEO Arjun Sethi stated that Kraken has donated $1 million to the pro-Trump political action committee Freedom Fund PAC, and the company will also increase its 2025 donation commitment to the pro-Trump organization America First Digital to $1 million.
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