ChainCatcher news, Dragonfly managing partner Haseeb Qureshi stated on the X platform that in 2025, the U.S. Government Accountability Office (GAO) may launch a public spending reporting system based on the AVAX chain, achieving on-chain transparency management through stablecoins. He mentioned that the wallet addresses of government agencies and contractors will be made public and analyzed daily by the public.Previous report also mentioned in an article about the U.S. Department of Government Efficiency (DOGE) led by Musk exploring the use of blockchain technology to improve government efficiency that the California Department of Motor Vehicles has digitized the ownership certificates of millions of vehicles on the Avalanche blockchain.

ChainCatcher news, according to Bloomberg, Musk is leading the newly established Department of Government Efficiency (DOGE) in the United States, exploring the use of blockchain technology to enhance government efficiency. Sources say that Musk's team is researching applications such as tracking federal spending, protecting data, processing payments, and managing assets through blockchain technology, and has met with representatives from several public blockchain projects to assess the technological potential.The department was established by the Trump administration and plans to complete reform proposals by July 4, 2026. Musk stated that blockchain could become a core tool for reducing waste and preventing fraud. However, experts point out that the decentralized nature of public blockchains may limit government control over data, and the advantages over traditional databases in terms of cost and efficiency are still debated.

ChainCatcher news, according to Bloomberg, Musk is exploring the use of blockchain technology to improve the efficiency of the U.S. government.

ChainCatcher news, according to Bitcoin.com News, shows that a recent survey by Ripple indicates that 52% of financial leaders in the Middle East and North Africa (MENA) prioritize blockchain payments and tokenized assets for development. The survey points out that, led by Saudi Arabia and the UAE, blockchain technology is expected to fundamentally change banking in the region by 2025.

ChainCatcher news, JPMorgan CEO Jamie Dimon once again criticized Bitcoin in an interview with CBS News, stating that it has no intrinsic value and is often abused by bad actors. He compared Bitcoin to smoking, arguing that just because one has the right to do something does not mean it is a good idea. He believes that while people have the right to buy or sell Bitcoin, it does not mean it is a good thing.It is worth noting that while Dimon maintains a harsh stance on Bitcoin, he holds a more positive view of blockchain technology, acknowledging its practical uses and mentioning JPMorgan's involvement in blockchain projects like JPM Coin.

ChainCatcher news, according to the official account of the Shanghai headquarters of the People's Bank of China, the Shanghai headquarters of the People's Bank of China held a work meeting for 2025. The meeting pointed out that the Shanghai headquarters of the People's Bank of China continuously enhances financial management and service levels, utilizing blockchain technology to achieve "one-stop" online processing of cross-border electronic tax payment services, steadily advancing the research and application of digital renminbi, and will focus on supporting the digital transformation of financial institutions in 2025.

ChainCatcher news, according to Bitcoin.com, Reece Merrick, Managing Director of Ripple for the Middle East and Africa, recently released a statement on social media, highly praising the UAE's leading role in promoting global cryptocurrency adoption. Merrick stated that the UAE is becoming a global digital asset hub due to its forward-looking regulatory environment, blockchain technology innovations, and the growth of stablecoin applications. He emphasized that the future of finance is being built here.Ripple predicts that by 2025, blockchain technology will be deeply applied in the banking sector of the Middle East and North Africa (MENA) region, with Saudi Arabia, Bahrain, Qatar, and Morocco becoming key countries driving this transformation. Notably, the Gulf Cooperation Council (GCC) is leading the wave of asset tokenization, which will bring significant economic opportunities to the region.Specifically, the rapid development of the UAE Dirham stablecoin and the establishment of a legal framework for foreign stablecoins are reshaping the cross-border remittance landscape in the Middle East, South Asia, and Africa. Merrick believes that the integration of blockchain and stablecoins will not only change traditional banking models but also support the diversification and strengthening of the regional financial system.Ripple stated that it will continue to be committed to promoting the development of the digital asset ecosystem in the Middle East and Africa. With an increasingly improved regulatory environment and greater government support, the UAE is expected to lead a new wave of growth in the global digital asset market by 2025.

ChainCatcher news, the Jordanian Council of Ministers has approved the Jordan 2025 Blockchain Technology Policy, aimed at enhancing government services, transparency, and digital security.The main objectives of the policy include increasing confidence in government performance, ensuring the complete security and privacy of citizen data. It also aims to reduce the time and costs associated with government transactions, as well as support startups, build capacity, and develop professional skills in blockchain technology.The policy aligns with Jordan's vision for economic modernization, aiming to achieve excellence in the service sector, support national development, and increase service exports. By leveraging blockchain technology, Jordan seeks to enhance citizen confidence in government services, improve transparency, combat fraud, and reduce operational costs.

ChainCatcher news, according to Cointelegraph, a recent global cryptocurrency jurisdiction study led by the multi-chain liquidity platform ApeX Protocol shows that Singapore ranks first in global blockchain technology. The study comprehensively considered blockchain patents, related technology jobs, and the number of domestic cryptocurrency exchanges, with Singapore leading with a high score of 85.4. Specifically, Singapore has 1,600 blockchain patents, 2,433 related industry positions, and 81 cryptocurrency exchanges, which is particularly remarkable for a country with a total population of less than 6 million.Hong Kong, with its strong financial infrastructure, has performed excellently in the integration of blockchain technology and exchanges, achieving a composite score of 82.7. Additionally, Estonia has also performed well, with a composite score of 81.5. Despite a population of only 1.4 million, Estonia boasts 95 blockchain patents and 52 cryptocurrency exchanges, showcasing its significant strength. Other countries leading in blockchain technology development include Switzerland, the United States, Canada, Australia, South Korea, the United Kingdom, and the United Arab Emirates.

ChainCatcher news, newly elected Ohio Republican Senator Bernie Moreno will serve on the Senate Banking Committee, which is responsible for overseeing the U.S. Securities and Exchange Commission (SEC) and plays a key role in shaping cryptocurrency legislation.In 2018, Moreno founded Ownum, a company that sells technology for placing vehicle ownership on the blockchain. Before entering politics, he was a member of the blockchain policy organization The Digital Chamber. Although Moreno did not list cryptocurrency among his 16 core "policy priorities" on his campaign website, he did post several statements supporting the industry on X and publicly opposed a harsh regulatory environment during his campaign in the months leading up to the election.

ChainCatcher news, according to CryptoPotato, Cardano has partnered with Atómico 3, Zengate, and Alto Grande to launch what is claimed to be the world's first lithium tokenization project in Argentina, scheduled for the first quarter of 2025.The project will utilize Cardano's blockchain technology to convert ownership of lithium into digital tokens, allowing investors to trade fractional shares of the mineral without the need to physically handle or own it. This process aims to democratize resource access through secure and immutable blockchain transactions, enhancing liquidity and facilitating international trade.Argentina is home to the largest lithium reserves in the world, with most concentrated in Catamarca, Salta, and Jujuy. This metal is not only a cornerstone for electric vehicle (EV) batteries and renewable energy storage but is also crucial for the global transition to clean energy. Some analysts estimate that driven by the ever-growing global demand, the value of the electric vehicle industry alone could reach $1.3 trillion in the next three years.

ChainCatcher news, DWF Labs announced an investment of $250,000 in Beam Nodes of the Beam Foundation, aiming to support the innovation, transparency, and decentralized development of blockchain technology.According to RootData, Beam is not just a gaming blockchain; it is also a community-driven chain and ecosystem where gamers and developers come together to shape the future of the gaming industry.Whether developers seeking to create the next groundbreaking game or players looking for the best blockchain gaming experience, Beam offers powerful and flexible solutions. Beam operates as an Avalanche subnet.

ChainCatcher news, according to Decrypt, the temporary spending bill announced by U.S. congressional leaders on Tuesday aims to avoid a government shutdown and includes measures related to cryptocurrency.The bill will extend government funding until March 14, 2025, and currently includes the "Deploying American Blockchains Act." This act will enable the U.S. Department of Commerce to propose policy recommendations and establish a government-supported group of industry experts on Capitol Hill.The bill requires the Department of Commerce to support the U.S. leadership in blockchain technology and to establish a new "National Blockchain Deployment Advisory Committee" to assess the application of blockchain technology and tokenization in federal agencies, promoting the U.S. leading position in global blockchain technology competitiveness.

ChainCatcher news, according to Cointelegraph, Nevada Secretary of State Francisco Aguilar announced the introduction of blockchain technology into the state's election certification process to ensure the fairness of future elections.Aguilar stated in a press release that the state is "committed to holding the safest elections in the nation," and that blockchain technology is an essential part of these efforts. Currently, there are few details about the implementation, and it is unclear whether the state has developed a proprietary blockchain or is using existing commercial or open-source blockchain technology.