ChainCatcher news, according to reports from Huigangtong, Hong Kong listed company Jingji Financial International (01468) announced the establishment of an Investment Committee, effective from December 15, 2024. The establishment of the Investment Committee aims to improve operational efficiency and strengthen investment decision-making and risk management processes, especially considering the group's strategic focus on cryptocurrencies and related technologies.The Investment Committee will be responsible for reviewing appropriate transactions, investment strategies, and the management of virtual assets (crypto assets), and will provide recommendations to the Board of Directors. In addition, the Investment Committee will evaluate, approve, and propose various investment opportunities presented by the group's management team. Furthermore, the Board of Directors may regularly appoint professional investment and/or financial advisors with relevant expertise to assist the Investment Committee in effectively fulfilling its responsibilities.

ChainCatcher news, Hong Kong listed company Jingji Financial International announced the exploration of new business and investment opportunities to generate positive returns. An investment committee will be established effective December 15 to invest in cryptocurrencies. This committee will be responsible for reviewing appropriate transactions, investment strategies involving virtual assets (crypto assets), and the management of such assets, and will provide recommendations to the board of directors.Jingji Financial International stated that incorporating cryptocurrency investments into the group's asset allocation and green energy-oriented investment strategy in green energy and artificial intelligence will enhance the overall financial condition of the group.

ChainCatcher news, Jingji Financial International (01468) announced that the company's board of directors has established an investment committee, effective from December 15, 2024. The establishment of the investment committee aims to improve operational efficiency and strengthen investment decision-making and risk management processes, especially considering the group's strategic focus on cryptocurrencies and related technologies.The investment committee will be responsible for reviewing appropriate transactions and investment strategies involving virtual assets (crypto assets) and managing such assets, providing recommendations to the board of directors. In addition, the investment committee will evaluate, approve, and make recommendations on various investment opportunities proposed by the group's management team.Jingji Financial International stated that incorporating cryptocurrency investments into the group's asset allocation and green energy-oriented investment strategy focused on green energy and artificial intelligence will enhance the group's overall financial position.

ChainCatcher news, according to Jin Shi reports, market news says: The Korea Securities Futures Exchange has established a committee to manage market volatility.

ChainCatcher news, previously, cryptocurrency supporter and U.S. Representative from Arkansas, French Hill, defeated three other competitors to win the position of Chairman of the Financial Services Committee.Hill currently serves as the Vice Chairman of the committee and heads the subcommittee on Digital Assets, Financial Technology, and Inclusion. He emphasized that he is very grateful for the opportunity to serve as the chairman of the committee.Outgoing Chairman Patrick McHenry praised Hill's leadership skills, particularly his expertise in financial technology and innovation. McHenry stated, "French's experience in the private sector, the Treasury Department, and as Vice Chairman has prepared him well for this role." He emphasized, "Under French Hill's leadership, the Republicans will ultimately establish a clear regulatory framework and strong consumer protections for the digital asset ecosystem based on this Congress." McHenry also highlighted Hill's contributions to advancing key legislation, including the Financial Innovation and Technology for the 21st Century Act (FIT21). Hill's appointment has garnered support from leaders in the cryptocurrency industry and lawmakers. Former Acting Comptroller of the Currency and former Chief Legal Officer of cryptocurrency exchange Coinbase, Brian Brooks, praised Hill's "intellect, growth mindset, and innovative outlook."

ChainCatcher news, Forbes reporter Eleanor Terrett posted on the X platform that with French Hill becoming the chairman of the House Financial Services Committee, he will vacate the position of chairman of the Digital Assets, Fintech and Inclusion Subcommittee.Currently, potential candidates to succeed him include the current subcommittee vice chairman Warren Davidson, as well as Representatives Frank Lucas and Mike Flood.

ChainCatcher News, the new chairman of the U.S. House Financial Services Committee, French Hill, stated that he will focus on easing bank regulations, promoting capital formation to encourage more companies to go public, and addressing issues related to the structure of the cryptocurrency market.In an interview with CNBC, Hill also mentioned that he has not yet decided whether the U.S. should establish a Bitcoin reserve.

ChainCatcher news, according to Jinshi reports, the Ministry of Industry and Information Technology has decided to establish the Ministry's Artificial Intelligence Standardization Technical Committee, numbered MIIT/TC1, which is mainly responsible for the formulation and revision of industry standards in areas such as artificial intelligence evaluation testing, operation and maintenance, datasets, basic hardware, software platforms, large models, application maturity, application development management, and artificial intelligence risks. The first session of the Ministry of Industry and Information Technology's Artificial Intelligence Standardization Technical Committee consists of 41 members, with the secretariat undertaken by the China Academy of Information and Communications Technology.

ChainCatcher news, according to The Block, crypto supporter and U.S. Congressman French Hill from Arkansas defeated three other competitors to win the position of Chairman of the Financial Services Committee.It is reported that French Hill stated in July's Unchained podcast that stablecoin and market structure legislation would be the two bills he most wants to pass after becoming chairman.

ChainCatcher news, Meta Platforms (META.O) has donated $1 million to the inauguration fund of incoming President Trump, marking the latest move by the company's CEO Mark Zuckerberg to solidify the once-tense relationship with Trump.The company confirmed the donation, which differs from Zuckerberg's and his company's past practices. Previously, Trump threatened during his campaign that he would retaliate if Zuckerberg attempted to influence the election against him. Zuckerberg's efforts to strengthen the relationship began several years ago, including a dinner with Trump on the terrace of Mar-a-Lago in November. Before the dinner, Zuckerberg privately showcased Meta's Ray-Ban smart glasses to Trump and gifted them to him.

ChainCatcher news, according to CryptoSlate, the FTX creditors' team disclosed in court documents on December 10 that they successfully recovered approximately $14.5 million in funds through small claims settlements in November, mainly from previous political donations.The recovered funds include $6 million from the House Majority PAC and $3 million from the Senate Majority PAC.In addition, organizations such as Forward Action Fund, Mind the Gap, and the American Road People Organization also refunded over $1 million each.

ChainCatcher news, according to Caixin, the Political Bureau of the Central Committee of the Communist Party of China held a meeting today to deploy economic work for next year.The meeting emphasized the need to maintain stability while seeking progress, promote stability through progress, implement a more proactive fiscal policy and moderately loose monetary policy, strengthen extraordinary counter-cyclical adjustments, and enhance the foresight and effectiveness of macro-control. The meeting proposed to boost consumption, improve investment efficiency, and expand domestic demand; promote the construction of a modern industrial system through technological innovation; deepen economic system reform and implement landmark measures; expand high-level opening up, stabilize foreign trade, and stabilize foreign investment.At the same time, it is necessary to effectively prevent and resolve risks in key areas, consolidate the achievements of poverty alleviation, promote new urbanization and rural revitalization, and facilitate integrated urban-rural development. The meeting also emphasized increasing the implementation of regional strategies, promoting green transformation and development, and strengthening social security to enhance people's sense of gain and happiness.

ChainCatcher news, Trump recently announced the appointment of William Joseph McGinley as a committee advisor in the Department of Government Efficiency (DOGE). The department heads, Elon Musk and Vivek Ramaswamy, have begun sharing details about DOGE's work, promising to equip the committee with "a capable team of small government reformers."DOGE informed interested parties on its X account to attach their resumes in private messages. Reports indicate that several Silicon Valley leaders, including investor Marc Andreessen and Uber co-founder Travis Kalanick, are involved in planning for the committee. DOGE's co-leaders stated that they aim to cut $2 trillion from the federal budget. In 2024, total federal spending is projected to be $6.75 trillion, with nine-tenths allocated to federal programs.The two explained how DOGE operates in a recent Wall Street Journal op-ed. They stated that they would rely on two Supreme Court rulings to assist Trump in rolling back regulations. However, legal experts told CNN that the two misunderstood the Supreme Court cases, and some of the committee's work may face legal challenges.

ChainCatcher news, FOX Business reporter Eleanor Terrett stated on the X platform that the Senate Banking Committee will hold a meeting next Wednesday to vote on the renomination of Democratic SEC Commissioner Caroline Crenshaw. If the Senate approves her nomination, she will continue to serve on the committee until 2029; if she is not approved, Trump will be able to nominate someone else.During her tenure, Caroline Crenshaw has been a supporter of committee chairman Gary Gensler, advocating for stricter climate reporting requirements and voting against the approval of a Bitcoin spot ETF.

ChainCatcher news, according to Xinhua News Agency, the General Office of the Central Committee of the Communist Party of China and the General Office of the State Council pointed out in their opinions on the reform and innovative development of digital trade that it is necessary to vigorously develop digital technology trade, strengthen innovation in key core technologies, and accelerate the development of foreign trade in fields such as communication, the Internet of Things, cloud computing, artificial intelligence, blockchain, and satellite navigation.

ChainCatcher news, according to DL News, after the cryptocurrency industry invested $133 million in the 2024 election, the pro-cryptocurrency political action committee Fairshake has raised $78 million for the 2026 midterm elections. Coinbase has announced it will contribute $25 million to Fairshake, while Andreessen Horowitz has also pledged to invest over $23 million in election funding for Fairshake and its affiliated PAC.

ChainCatcher news, according to Reuters, Trump's "Crypto Advisory Committee" is expected to establish a committed Bitcoin reserve. Several crypto companies, including Ripple, Kraken, and Circle, are competing for seats on Trump's crypto advisory committee to seek a voice in U.S. crypto policy reform.Two sources said that this crypto committee may be affiliated with the White House National Economic Council (which is responsible for coordinating and implementing the president's economic policy) or an independent White House agency.According to them and other industry insiders, the committee is expected to provide recommendations on digital asset policy, collaborate with Congress to advance cryptocurrency legislation, establish the Bitcoin reserve promised by Trump, and coordinate among various agencies, including the U.S. Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC), and the Treasury Department. One source also indicated that the committee may include law enforcement representatives and former policymakers.

ChainCatcher news, the Planning and Finance Committee of the Korean National Assembly held a subcommittee meeting to discuss issues related to the postponement of cryptocurrency asset taxation, but ultimately decided to table the proposal. This decision was made to prioritize the review of other proposals, and the tabled proposals will be compiled for further discussion.The topics discussed in the meeting included: postponement of cryptocurrency asset taxation, calculation of acquisition prices, scope of tax data submission, and adjustments to the basic deduction amount, but no conclusions were reached. Currently, there is a significant divergence between the ruling party and the opposition regarding the postponement of cryptocurrency asset taxation. If the plan proceeds as scheduled, the relevant proposals are expected to resume discussions next week.

ChainCatcher news, according to Bloomberg, an expert committee advising Norwegian politicians stated that although the country is one of the lowest users of cash globally, there is currently no urgency to adopt a central bank digital currency (CBDC).The committee believes that cash still plays an important role in ensuring safe and simple payments for everyone. Nevertheless, it recommends that "necessary regulatory reforms" should begin in order to potentially introduce a significant CBDC in the future.

ChainCatcher news, according to official information, Aethir is officially advancing decentralized governance, gradually transitioning to a decentralized governance model in multiple stages. The specific roadmap is divided into four stages: development phase, community education, beta testing, and full launch.The core component of the Aethir governance model is the establishment of a governance committee. This committee will play a key role in facilitating discussions, guiding the decision-making process, and ensuring that proposals align with Aethir's mission and goals. It includes three main groups: computing power providers, validators, and ATH stakers.In addition, key areas of governance include product development and direction, network parameters and policies, ecosystem partner expansion, token economics, staking rewards, and more.