ChainCatcher news, according to Jinshi Data, U.S. President Trump posted on social media: "Mr. Powell complains about cost issues, which are largely caused by Biden's false 'government.' But he could have done the greatest and most outstanding work for our country by helping to lower interest rates—if he could bring interest rates down to a reasonable level of 1% to 2%, then this 'fool' could save the United States up to $1 trillion a year.I fully understand that my strong criticism makes it harder for him to do what he should do (i.e., lower interest rates), but I have tried all different ways. I have been friendly, I have remained neutral, and I have been sharp-tongued—but friendliness and neutrality don't work! He is a stupid guy and clearly my opponent; he shouldn't be in that position at all. I listened to the wrong people back then, and Biden shouldn't have reappointed him. We currently have almost no inflation, our economy is performing very well, and with the influx of huge tariff revenues and factories being built across the country, the economy will soon be more prosperous than ever.If he really cares about inflation or any other issues, he just needs to lower interest rates so we can benefit from the interest costs; if those 'other factors' really appear in the future (I doubt it!), then he can raise rates. But don't say you think inflation will appear at some point in the future because it isn't here now—but if it does appear, then raise rates! I don't understand why the committee doesn't overturn this complete fool! Maybe, just maybe, I need to change my mind about firing him? But anyway, his term is about to end soon!"

ChainCatcher news, according to Jinshi reports, the Trump administration plans to comprehensively revise the export control regulations for artificial intelligence semiconductors, abolishing the regulatory framework that faced strong opposition from U.S. companies and allies such as Nvidia (NVDA.O) and Oracle (ORCL.N) during the Biden era. The U.S. Department of Commerce announced on Tuesday local time that it will withdraw the "AI Technology Diffusion Control Rules," originally set to take effect on May 15, which were introduced by former President Biden and classified chip-importing countries into three tiers.According to informed sources, the new administration is drafting an alternative plan that may shift towards negotiating bilateral agreements with each country individually.

ChainCatcher news, according to Cointelegraph, a senior White House official confirmed that President Trump’s cryptocurrency summit scheduled for March 7 will not discuss tax issues, but will focus on overturning the unfavorable policies of the previous Biden administration.The official stated during a virtual preview of the summit at 10 AM Eastern Time: "There will be no content regarding taxes. The cryptocurrency internet is filled with various rumors... I don’t know how these rumors started."The official explained that the summit will serve as a venue for industry leaders to provide regulatory feedback: "The President promised to form a cryptocurrency committee during his campaign. He wants to hear the industry’s advice and feedback, which is the purpose of the summit."The senior official also confirmed that Bitcoin will receive "special treatment on the federal government’s balance sheet." The Trump administration plans to "overturn" Joe Biden's crackdown on cryptocurrencies and views Bitcoin as the "digital Fort Knox of digital gold."

ChainCatcher news, the U.S. House Financial Services Committee's Subcommittee on Oversight and Investigations will hold a hearing on February 6 at 2:00 PM ET (3:00 AM Beijing time on the 7th) with the theme "Choke Point 2.0: How the Biden Administration is Suppressing Cryptocurrency," focusing on the issue of banking service restrictions faced by the crypto industry.Witnesses include Austin Campbell, Paul Grewal, Fred Thiel, and Shayna Olesiuk, and they are expected to address the attitudes of financial regulators towards crypto businesses and their impact on the industry's development.

ChainCatcher news, according to Jinshi reports, on January 20 local time, U.S. President Trump signed two executive orders at the White House, directing the Department of Justice and the Office of the Director of National Intelligence to conduct a comprehensive investigation into the Biden administration's "censorship of free speech" and the "weaponization of law enforcement and intelligence agencies."Trump stated that the Biden administration has used public institutions as tools for political struggle, employing federal law enforcement agencies and intelligence departments to investigate, prosecute, and enforce actions against so-called political opponents, and he will retaliate against such actions.

ChainCatcher news, according to Jinshi reports, TikTok announced on January 17 local time that the latest statements from the White House and the Department of Justice failed to provide the necessary clarity and assurances to service providers, which are essential for maintaining TikTok's operations in the U.S.TikTok stated that unless the Biden administration "immediately issues a clear statement" ensuring that the ban will not be enforced, TikTok will be forced to shut down on January 19 local time.

ChainCatcher news, according to ABC News, a Biden administration official stated that the Biden administration does not intend to take action to force TikTok to shut down its U.S. operations immediately on Sunday. TikTok can still choose to shut down its operations that day. However, the Biden administration now indicates that it will not enforce the law that takes effect the day before it leaves office.A White House official stated, "Our position on this issue is clear—TikTok should continue to operate under U.S. ownership. Given that the law will take effect on the weekend before Trump's inauguration, how it will be implemented will depend on the next administration."The law does not require TikTok to shut down on January 19, but if app stores continue to provide services for TikTok, it could run into trouble, as the law grants the Justice Department the authority to impose fines of up to $5,000 per user.

ChainCatcher news, according to Jinshi reports, three informed sources revealed that the Biden administration is considering how to allow TikTok to continue operating in the United States. A government official disclosed that officials are "exploring various options" to prevent TikTok from being banned this Sunday (January 19).

ChainCatcher news, a technology industry organization urged the Biden administration on Tuesday not to issue regulations limiting global access to artificial intelligence (AI) chips as the president's term comes to an end, warning that such restrictions would jeopardize the United States' leadership in the AI field.The Information Technology Industry Council, representing companies like Amazon (AMZN.O), Microsoft, and Meta, stated that this regulation would impose arbitrary restrictions on the ability of U.S. companies to sell computing systems overseas and would hand the global market over to competitors. The regulation could be issued as early as Friday. In a letter to U.S. Secretary of Commerce Gina Raimondo, the council's CEO Jason Oxman criticized the U.S. government for "insisting" on releasing the rule in the final days of Biden's term. (Jin Shi)

ChainCatcher News: The elected President of the United States, Trump, stated that the transition from the Biden administration to my administration is not smooth. (Jin Shi)

ChainCatcher news, according to Wall Street Watch, venture capital giant Andreessen Horowitz co-founder and billionaire Marc Andreessen stated in a recent interview that he is a "volunteer without pay" for the Department of Government Efficiency (DOGE), and mentioned that DOGE has two main goals: to cut spending and reduce regulation. Marc Andreessen revealed that the Biden administration has specifically targeted the U.S. tech industry in three areas, leading to a shift in support towards Trump. One is cryptocurrency, where they declared war and attempted to kill the entire industry and push it overseas. The second is AI, where earlier this year they were very afraid that they would treat AI the same way they treated cryptocurrency. The third seems to be an obscure topic, which is the concept of unrealized capital gains tax.

ChainCatcher news, on November 26 local time, U.S. President-elect Trump reached a necessary agreement with current President Biden's administration to allow Trump's transition team to coordinate with existing federal staff before his inauguration on January 20.According to the congressionally authorized agreement, the transition team's staff can collaborate with federal agencies and access non-public information, while government staff are also allowed to communicate with the transition team.However, Trump refused to sign another agreement with the General Services Administration (GSA). This agreement would have allowed his team to use government-secured office spaces and email accounts, but it required the president-elect to limit donations to $5,000 and publicly disclose the names of those who contributed to his transition efforts. (Jin Shi)

ChainCatcher news, according to Cryptonews, Ripple co-founder Chris Larsen stated in a recent CNBC interview that he believes Vice President Kamala Harris could be a key figure in correcting the Biden administration's mistakes in cryptocurrency policy. Larsen has recently donated $10 million worth of XRP to Harris's campaign, making him one of the largest political donors from the cryptocurrency industry in this election cycle.Larsen has harshly criticized current SEC Chairman Gary Gensler, calling him "the worst public servant in America." He pointed out that Gensler tends to favor enforcement actions over providing clear regulatory guidelines, leading to uncertainty in the industry. According to civic organizations, the cryptocurrency industry has invested over $119 million in political activities in an effort to influence regulatory decisions.

ChainCatcher news, according to The Block, Galaxy's Head of Liquidity Active Strategies and Portfolio Manager Chris Rhine stated that there is growing optimism that Vice President Kamala Harris's stance on cryptocurrency will be more favorable than the Biden administration's policies, providing a more optimistic regulatory and legislative roadmap for the industry.At the beginning of the fourth quarter, it is likely that more large wealth management platforms will approve Bitcoin ETFs, further expanding the accessibility of digital assets within the trillions of dollars in wealth managed by brokerage firms.

ChainCatcher news, the founder and CEO of Meta admitted that the Biden administration pressured his team to review content on the platform. Zuckerberg stated:"In 2021, senior officials from the Biden administration, including the White House, pressured our team multiple times to review certain content related to COVID-19, including humorous and satirical content, and when we disagreed, they expressed great frustration with our team. Ultimately, the decision to remove content was ours, and we are responsible for our decisions, including the modifications made under this pressure regarding COVID-19 related content.""I believe the government's pressure was wrong, and I regret not being more outspoken at the time. I also think we made some choices that, in hindsight and based on new information, we should not have made. As I told our team at the time, I firmly believe we should not compromise our content standards due to any government pressure.""In another instance, the FBI warned us that there might be a Russian disinformation campaign regarding the Biden family and Burisma before the 2020 election. That fall, when we saw the New York Post's report on corruption allegations involving then-Democratic presidential candidate Joe Biden's family, we sent the report to fact-checkers for review and temporarily reduced its distribution weight while waiting for a response.It later became clear that this report was not Russian disinformation, and in retrospect, we should not have reduced its distribution weight. We have changed our policies and processes to ensure this does not happen again."

ChainCatcher news, Galaxy Research's research director Alex Thorn posted on X platform analyzing Vice President Harris's stance on cryptocurrency, indicating that her choice of advisory team suggests she will continue to enforce the Biden administration's strict regulatory policies on cryptocurrencies.Harris collaborates with key anti-cryptocurrency officials such as Brian Deese and Bharat Ramamurti, both of whom were pivotal figures in promoting cryptocurrency regulation within the Biden administration. Deese previously published an article on the White House website emphasizing the risks of cryptocurrencies, while Ramamurti is regarded as the White House's top cryptocurrency critic. Their involvement implies that the Harris administration is unlikely to soften its stance on cryptocurrency policy and will continue to support stringent regulatory measures to protect consumers and the safety of the financial system.

ChainCatcher news, gold advocate and economist Peter Schiff tweeted, "If Trump really intends to use the seized Bitcoin to launch America's Bitcoin strategic reserve, then he will keep his intentions secret before he actually takes office. Now, the Biden administration may sell all the Bitcoin before Trump takes office."

ChainCatcher news, a16z founders Ben Horowitz and Marc Andreessen recently discussed the various challenges facing the cryptocurrency industry under the current administration, during which they also endorsed former President Trump.The two founders publicly criticized the Biden/Harris administration's handling of the cryptocurrency industry, emphasizing a series of regulatory challenges that they believe are stifling innovation and growth in the sector.In the podcast conversation, Ben Horowitz and Marc Andreessen elaborated on their dissatisfaction with the U.S. SEC. They pointed out that the regulatory agency has not provided clear guidance on which cryptocurrencies are considered securities and which are considered commodities.

ChainCatcher news, FOX Business reporter Eleanor Terrett announced the list of attendees for today's crypto roundtable on social media. Important attendees include:Biden Senior Advisor Anita DunnMark CubanCoinbase Chief Legal Officer Paul GrewalBitGo Co-founder Mike BelsheDCG Vice President of Public Policy Julie Stitzela16z Head of Government Affairs Collin McCuneKraken Chief Compliance Officer Marco SantoriFormer CFTC Chairman Chris Giancarlo (Paxos Board Member)Pantera Chief Compliance Officer Katrina PagliaFormer SEC Senior Advisor Justin Slaughter (Paradigm Policy Director)Uniswap Labs Chief Legal Officer Marvin AmmoriCircle Chief Strategy Officer and Global Policy Head Dante DisparteIn addition, attendee Congressman Ro Khanna reported that he believes today's meeting "made a productive step forward," and Biden Senior Advisor Anita Dunn participated in the meeting for about an hour.