ChainCatcher news, the crypto industry alliance calls on the U.S. SEC to provide clear principled guidance on staking activities. The Crypto Innovation Committee (CCI) has requested in an open letter that the SEC clarify that staking is not an investment activity and suggested maintaining consistency with the SEC's previous positions on mining, stablecoins, and meme coins. The alliance, supported by companies such as Consensys, Kraken, Ava Labs, and Galaxy, emphasizes that staking is a technical mechanism used to secure blockchain networks rather than an investment scheme.During the staking process, users lock up tokens to participate in transaction validation and network protection, thereby earning rewards. The alliance urges the SEC to issue a statement clarifying that staking and related services do not fall under the scope of securities regulation and proposes industry standards for staking services to ensure transparency and user control.The letter from the Crypto Innovation Committee also outlines a framework for staking service providers, including user disclosures, reward distribution transparency, and user control over staked assets.

ChainCatcher news, Bo Hines, the executive director of the Trump Digital Assets Advisory Committee, stated that the U.S. Congress is actively advancing cryptocurrency legislation, with related bills expected to be completed in the short term. This week, some significant legislative strategic points regarding the efforts of the cryptocurrency industry may be addressed in Congress. He believes that two major cryptocurrency bills can still meet Trump's deadline in August. He also emphasized that the current legislative process is an important step for the U.S. government in promoting a regulatory framework for the cryptocurrency industry, aimed at providing clear legal guidance and regulatory standards for the digital asset market.

ChainCatcher news, according to The Block, Base has implemented the first phase of Ethereum Rollup decentralization, launching a fault-proof mechanism and establishing a security council. Base developers stated that the network has reached the "first phase" of Vitalik Buterin's Rollup decentralization framework, making progress in reducing reliance on centralized participants.The Base team stated: "Base has achieved the first phase of decentralization, which is a key milestone in building an open global on-chain economy. This has been accomplished by launching permissionless fault-proof and enhancing the decentralization of the contract upgrade process through the security council."Base was launched in August 2023, developed using Optimism's OP Stack package, and has now become the largest Layer 2 rollup by TVL on Ethereum. Previously, Base was classified as a Stage 0 Rollup, mainly because it still relied on a centralized sequencer controlled by Coinbase, and its mainnet lacked fully operational permissionless fault-proof.

ChainCatcher news, Base has reached the "first phase" of Ethereum Rollup decentralization, launching a fault-proof mechanism and establishing a security council. Base developers stated that the network has achieved the "first phase" of Vitalik Buterin's Rollup decentralization framework, making progress in reducing reliance on centralized participants.The Base team stated: "Base has achieved the first phase of decentralization, which is a key milestone in building an open global on-chain economy. This has been accomplished by launching permissionless fault-proofing and enhancing the decentralization of the contract upgrade process through the security council."Launched in August 2023, Base was developed using Optimism's OP Stack package and has now become the largest Layer 2 rollup by TVL on Ethereum. Previously, Base was classified as a phase 0 Rollup, mainly because it still relied on a centralized sequencer controlled by Coinbase, and its mainnet lacked fully operational permissionless fault-proofing.

ChainCatcher news, according to Bitcoin Laws, the New Hampshire Bitcoin Reserve Bill HB302 has passed the Senate Finance Committee vote, with a result of 4 votes in favor and 1 vote against.

ChainCatcher news, according to Cointelegraph, a cryptocurrency reserve bill in Arizona has passed the House and is now just one successful vote away from being submitted to the governor's desk for formal approval.On April 17, Arizona's Strategic Digital Asset Reserve Act (SB 1373) was approved by the full committee of the House. Before the third and final reading and full vote, the bill must be reviewed by 60 members of the House. SB 1373 aims to establish a strategic reserve fund for digital assets, composed of digital assets seized through criminal proceedings, and managed by the state treasurer.

ChainCatcher news, the Oklahoma Senate Tax Committee narrowly voted down House Bill 1203 (also known as the Strategic Bitcoin Reserve Act) by a margin of 6 to 5. The HB1203 bill was introduced by Representative Cody Maynard in January of this year, allowing the Oklahoma State Treasurer to invest in Bitcoin and other qualifying digital assets. The definition of qualifying digital assets is any asset with a market value exceeding $500 billion in the past year. Currently, only Bitcoin meets this threshold. An earlier committee passed the bill overwhelmingly in February with a vote of 12 to 2.

ChainCatcher news, Bo Hines, Executive Director of the Trump Digital Assets Advisory Committee, published his interview content on the X platform, where he explained the importance of the U.S. Bitcoin Strategic Reserve. He stated that Trump's introduction of the Bitcoin Strategic Reserve is aimed at helping the American people accumulate assets rather than plundering them. At the same time, the significance of the Bitcoin Strategic Reserve lies in the recognition of BTC's value. Due to the limited supply of Bitcoin, the Bitcoin Strategic Reserve may trigger a global asset accumulation race.

ChainCatcher news, Vitalik Buterin wrote today that he supports privacy not only because it is a safeguard of personal freedom, but also because it is the cornerstone of social order and technological progress. The article points out that decentralization and privacy are inseparable, and that current AI and big data have greatly enhanced the risks of centralized control over personal information.Vitalik emphasizes that cryptographic technologies such as ZK-SNARKs are empowering the protection of identity information and enabling secure data computation. He calls for strengthening the open-source, universal, and trustworthy nature of digital privacy tools to combat potential global data hegemony trends.

ChainCatcher news, according to Cointelegraph, Trump Digital Assets Advisory Board Executive Director Bo Hines stated in an interview: "We need to accumulate quickly before Bitcoin becomes more expensive."

ChainCatcher news, White House officials said that Trump stated that automobiles, steel, pharmaceuticals, chips, and other specific materials will be subject to specific tariffs to ensure that tariffs are implemented fairly and effectively. Trump will soon release a Section 232 study on semiconductors.Previously, a White House spokesperson stated that Trump made it clear that the United States cannot rely on China for critical technologies such as semiconductors, chips, smartphones, and laptops.

ChainCatcher news, according to Bloomberg, Federal Reserve Board Governor Michelle Bowman will be questioned on Thursday at a Senate Banking Committee hearing, where lawmakers will review her nomination to serve as Vice Chair for Supervision.Bipartisan senators may ask Bowman how she plans to comply with an executive order that limits the power of independent agencies and will want to understand how she will respond to a new initiative—one that requires the largest lending institutions in the U.S. to hold more capital to enhance their ability to withstand losses and financial crises.

ChainCatcher news, Bo Hines, Executive Director of the Trump Digital Assets Advisory Board, posted on the X platform stating that under Biden's regulatory regime, digital asset companies have become victims of a weaponized judicial system. President Trump is the true "crypto president," and under his leadership, we will usher in a golden age of digital assets and emerging financial technologies.

ChainCatcher news, according to Bitcoin Laws, Florida's Bitcoin Reserve Bill HB 487 is scheduled for a public hearing this Thursday (April 10) in the Insurance and Banking Subcommittee. This will be Florida's first public hearing on the Bitcoin Reserve Bill since it was introduced two months ago.

ChainCatcher news, according to Jinshi reports, the U.S. Treasury yield curve continues to steepen, with the 30-year yield rising by 10 basis points.

ChainCatcher news, according to CoinDesk, U.S. House Financial Services Committee Chairman French Hill outlined a blueprint for U.S. digital assets to guide digital asset legislation, proposing six principles:Legislation must promote innovation;Legislation must clarify the classification of assets;Legislation must codify a framework for issuing new digital assets;Legislation must establish regulation for spot market exchanges and intermediaries;Legislation must establish best practices for protecting customer assets;Legislation must protect innovative decentralized projects and activities.

ChainCatcher news, encrypted journalist Eleanor Terrett posted on the X platform that the SEC chairman nominee Paul Atkins has passed the Senate Banking Committee vote, and next, his nomination will be submitted to the full Senate for a vote.

ChainCatcher news, according to The Block, the U.S. House Financial Services Committee passed the "Anti-CBDC Surveillance State Act" (H.R. 1919) with 27 votes in favor and 22 against. The bill was introduced by Republican House Majority Whip Tom Emmer and aims to prevent central bank digital currencies from being used for monetary policy and prohibits the Federal Reserve from providing financial services directly to individuals.Emmer stated that the bill ensures that U.S. digital currency policy is in the hands of the American people rather than the executive branch. This move echoes the executive order signed by President Trump in January this year to protect American citizens from the threats posed by CBDCs. At the same time, the committee also advanced stablecoin regulatory legislation to establish a framework for dollar-pegged stablecoins to enhance their global competitiveness.

ChainCatcher News, the U.S. House Financial Services Committee voted on Wednesday to pass a significant bill regulating stablecoins. The bill, titled "Stablecoin Transparency and Accountability for a Better Ledger Economy" (abbreviated as STABLE), was approved by the committee with a vote of 32 in favor and 17 against. The bill will create a framework for dollar-pegged stablecoins. It outlines reserve and capital requirements, including one-to-one reserve backing and anti-money laundering standards.