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Recently, the State Taxation Administration and the National Financial Regulatory Administration of China jointly issued a notice on "Further Deepening and Standardizing 'Bank-Tax Interaction' Work," which pointed out the need to deepen the application of bank-tax data.Standardize the content and methods of providing bank-tax data to further resolve the information asymmetry issue between banks, taxes, and enterprises. Encourage both banks and tax authorities in various regions to utilize technologies such as blockchain and privacy computing to legally and compliantly innovate the "bank-tax interaction" model. Banks will continue to optimize credit services, increase financing service supply for honest tax-paying enterprises, and continuously monitor the effectiveness of the "bank-tax interaction" loan model to improve risk management levels.

The analysis of the Drift theft incident by Slow Fog pointed out that a week before the attack, Drift adjusted its multi-signature mechanism to "2/5" (1 old signer + 4 new signers) and did not set a timelock. The attacker then gained administrator privileges, forged CVT tokens, manipulated the oracle, disabled security mechanisms, and transferred high-value assets from the liquidity pool.Currently, the stolen funds have mainly been aggregated to an Ethereum address, totaling approximately 105,969 ETH (about 226 million USD). Slow Fog stated that the flow of related funds is still being tracked.

According to Decrypt, Coin Center Executive Director Peter Van Valkenburgh stated that the Trump administration has not fulfilled its promise not to prosecute developers of cryptocurrency privacy software, and there is a clear contradiction between actual law enforcement and policy statements, putting developers at risk of uncertain legal consequences.Currently, the U.S. Department of Justice is still suing several developers of privacy tools and even sentencing them, including cases involving tools related to Bitcoin and Ethereum, among which Ethereum developer Roman Storm has been partially convicted, and prosecutors are attempting to revive the remaining charges.Coin Center warns that in the absence of "binding legal clarity," the act of developing privacy tools may still be held accountable due to user purposes (such as money laundering), exacerbating compliance uncertainty in the industry.

According to Jinshi reports, sources reveal that as part of measures to curb soaring oil prices, the Trump administration plans to issue a temporary exemption for a century-old maritime law. This law requires that goods transported between U.S. ports must use vessels built in the United States.Sources say that the 30-day exemption from the Jones Act will allow foreign tankers to help supply fuel from the Gulf Coast and other parts of the U.S. to refineries on the East Coast.This move comes as Trump is considering various options to curb the significant rise in crude oil and gasoline prices caused by the war with Iran.

The White House released the "America's Cyber Strategy under President Trump," which explicitly mentions the support for the security of cryptocurrencies and blockchain in U.S. cybersecurity strategy documents for the first time: "The United States will build secure technologies and supply chains that protect user privacy throughout the entire process from design to deployment, including the security of cryptocurrencies and blockchain technologies."

According to CoinDesk, despite the Clarity Act being stalled in Congress, the Trump administration is providing regulatory clarity for the crypto industry through executive actions.Analyst Brady Dale pointed out that Trump's appointment of Paul Atkins as SEC chairman could be a decisive move, as Atkins, a seasoned regulatory expert, has clearly stated that the SEC has the authority to establish the necessary rules for the crypto industry without waiting for congressional legislation. The appointment of new CFTC chairman Michael Selig further ensures coordination between the two major regulatory agencies. The two agencies are expected to submit draft rules this fall and finalize them in the spring of 2026, which will establish dedicated rules for decentralized financial networks for the first time, allowing exchanges to operate in compliance and making token sales possible.

According to a report by The Wall Street Journal citing informed sources, the Trump administration is considering an executive order that would require banks to collect customers' citizenship data as part of its crackdown on immigration.Informed sources said that the initiative is primarily being assessed by the U.S. Department of the Treasury and could ultimately require banks to ask both new and existing customers who wish to maintain bank accounts in the U.S. for a type of unprecedented new documentation, such as passport information.

According to Jinshi reports, the Trump administration is preparing for the nomination of Walsh as the Federal Reserve Chairman.

SBF (@SBF_FTX) posted on X that new evidence shows the Biden administration's Department of Justice has threatened multiple witnesses, forcing them to remain silent or change their testimonies.He is requesting to overturn the conviction and believes that Judge Lewis Kaplan has bias against the defendants, including himself, former FTX executive Ryan Salame, and President Trump, and that the rulings made under unfavorable circumstances have prevented a fair trial in this case.

According to Bloomberg, the Trump administration is preparing to confirm Kevin Warsh as the Chairman of the Federal Reserve.

According to Cryptopolitan, Cardano founder Charles Hoskinson expressed skepticism in an interview about the U.S. "Digital Asset Market Clarity Act (CLARITY Act)" passing in the first quarter of 2026, and called for David Sacks, the Trump administration's head of cryptocurrency affairs, to resign. Hoskinson pointed out that since Sacks took office at the end of 2024, cryptocurrency prices have fallen, regulatory clarity has been lacking, and the industry has failed to establish a solid foundation for development.He believes that if the bill does not pass this quarter, Sacks should resign, stating that he has "let the entire industry down." Hoskinson also mentioned that if the Democrats regain control of the House in the midterm elections in November, the bill will be even less likely to pass. He criticized the current U.S. cryptocurrency policy for favoring large financial institutions over retail investors, centralizing the industry around Wall Street firms like BlackRock, Goldman Sachs, and Morgan Stanley.Additionally, Hoskinson reiterated that Trump-related cryptocurrency projects have caused market confusion, emphasizing that cryptocurrencies should remain global and neutral, rather than being nationalized or politicized. He advocates for the U.S. to establish enduring and non-restrictive cryptocurrency regulations, even if it takes longer.

According to Jin Shi, the U.S. Supreme Court will not make a ruling on the tariff case of the Trump administration on Friday.

The U.S. government announced on the 23rd that it will impose tariffs on Chinese chips in 2027, ending the trade investigation against Chinese chips initiated by the previous Biden administration.U.S. media analysis states that although the U.S. government claims that China's practices in the chip industry "harm U.S. interests," the final decision is to refrain from imposing additional tariffs on Chinese chips for at least 18 months. Bloomberg reported that the delay in imposing new tariffs is the latest signal from the U.S. government seeking to solidify the U.S.-China "ceasefire" agreement and stabilize U.S.-China relations.

According to CNBC, the Trump administration has imposed visa bans on Thierry Breton, the former EU commissioner and a key proponent of the Digital Services Act (DSA), along with four anti-misinformation activists, accusing them of pressuring U.S. social media platforms to censor content.U.S. Secretary of State Marco Rubio stated in a declaration: "The State Department is taking decisive action against five individuals who are systematically coercing U.S. platforms to censor, de-platform, and suppress American viewpoints they oppose. These radicals and weaponized NGOs are driving foreign government censorship suppression—targeting American speakers and American companies every time. Therefore, their entry into the U.S. could have serious negative diplomatic policy consequences."Reports indicate that Breton served as an EU commissioner from 2019 to 2024, and this action stems from Breton threatening compliance with the Digital Services Act (DSA) in 2024 due to Musk's unmoderated interview with Trump on the X platform, escalating tensions between the U.S. and the EU over digital regulation and freedom of speech.

According to AXIOS, the Trump administration estimates that it will need about another week, as well as to review up to 700,000 pages of documents, to complete the release of all Epstein-related documents.

According to an analysis by Zhongke Lian'an, the People's Bank of China held a coordination meeting on combating virtual currency trading speculation on November 28, in conjunction with the Ministry of Public Security, the Central Cyberspace Administration, and a total of thirteen departments.The lineup of this meeting is noteworthy. Compared to the ten ministries involved in the "924 Notice" of 2021, the addition of the Central Financial Office and the National Financial Regulatory Administration, as well as the Ministry of Justice, signifies that China's regulation of virtual currencies is transitioning from sectoral collaboration to comprehensive system governance.Analysis indicates that this change will reshape the regulatory landscape on three levels: Upgraded Coordination Framework: The involvement of the Central Financial Office will promote regulation from departmental collaboration to a higher-level cross-sector coordination, forming a synergy of policies and resources. Deepened Regulatory Framework: The inclusion of the National Financial Regulatory Administration means that regulation will shift from basic monitoring of capital flows to precise identification and professional investigation of illegal financial activities. Improved Legal Framework: The addition of the Ministry of Justice will promote regulation from being dominated by administrative documents to a stronger legal application and enforcement connection, solidifying law enforcement authority.In addition, the meeting clearly identified "stablecoins" as the core target of this crackdown and emphasized a focus on "information flow and capital flow," aiming to build a technology-driven full-chain monitoring system, demonstrating the regulatory body's determination and means to comprehensively upgrade the crackdown on illegal activities related to virtual currencies.Previously, the People's Bank of China held a coordination mechanism meeting to combat virtual currency trading speculation.

The White House stated that President Trump has officially ended the Biden administration's crackdown on the cryptocurrency industry.

ChainCatcher news, according to The Block, U.S. Senator Elizabeth Warren and colleagues urged the Trump administration to disclose more information about its interactions with Binance.On Thursday, Warren and others stated in a letter to Attorney General Pam Bondi that they are seeking to understand the details of Binance's compliance obligations in the U.S. The senators first inquired in May about the conversations between Binance and federal cabinet officials, concerning Binance's exit from the U.S. market, regulatory obligations, and the measures the Department of Justice is taking to ensure compliance, and also asked whether former CEO Changpeng Zhao could receive a presidential pardon. They pointed out that since May, Trump and his family have strengthened their financial ties with Binance through companies, and this week there were reports that Binance may reach an agreement with the U.S. Department of Justice to replace external compliance overseers. Three lawmakers believe the Department of Justice has not adequately responded to previous inquiries and requested an updated response by October 1. They also stated that while the Department of Justice claims Binance has paid fines and has ongoing requirements under the plea agreement, it has not confirmed whether Binance is indeed in compliance.