ChainCatcher news, according to Eleanor Terrett, Senator Ruben Gallego and 9 other senators issued a joint statement expressing their inability to support the updated version of the GENIUS Act released last week. The group pointed out several issues, including insufficient anti-money laundering provisions, concerns regarding national security, and the safety of the financial system.Notably, Democratic senators Gallego, Warner, Kim, and Blunt Rochester, who were on the list, supported the original version of the bill during the March Banking Committee review. The bill's co-sponsor Angela Alsobrooks did not sign the letter.

ChainCatcher news, Binance founder Zhao Changpeng posted on X stating, "I do not oppose gold, but it is not a limited supply asset."Gold prices reached an all-time high in April, followed by a correction.

ChainCatcher message, as the largest veCAKE holder and a long-term contributor to PancakeSwap's growth, Cakepie DAO strongly opposes the newly announced tokenomics proposal 3.0 for DEX.This proposal includes plans to remove veCAKE, staking, voting metrics, and profit sharing, raising many questions, especially among protocols that have built entire ecosystems around these mechanisms. Critics argue that by removing veCAKE, PancakeSwap would shift influence from long-term supporters to whales and short-term holders.

ChainCatcher news, at the first cryptocurrency industry roundtable held by the U.S. Securities and Exchange Commission (SEC), former SEC Cyber Enforcement Office Director John Reed Stark strongly opposed modifying existing securities regulations for digital assets. He stated that the Securities Act of 1933 and 1934 should not make concessions for cryptocurrencies, and digital assets should continue to be regarded as securities."People who buy cryptocurrencies are not collectors; they are investors. The SEC's duty is to protect investors," Stark said. He pointed out that crypto companies hire top law firms globally to try to delay enforcement actions, but they have lost in almost all cases. Stark also claimed that, compared to past technological revolutions like the iPhone, he has not seen any real innovation in digital assets.For a long time, Stark has been a staunch critic of the cryptocurrency industry, previously describing the partnership between the NBA team Dallas Mavericks and the crypto company Voyager as "collaborating with heroin manufacturers." He supports former SEC Chairman Gensler's "enforcement-based regulation" and insists that the crypto industry must comply with existing laws rather than asking the law to make way for it.

ChainCatcher message, the Federal Reserve FOMC statement shows that Federal Reserve Governor Waller opposed this interest rate decision. He supports keeping the policy rate unchanged but is more inclined to not change the pace of balance sheet reduction.

ChainCatcher news, according to The Block, Data For Progress conducted a survey of 1,169 American voters and found that more than half of the respondents oppose the establishment of a cryptocurrency strategic reserve. The specific data is as follows: 51% of respondents oppose the Trump administration's plan to establish a cryptocurrency strategic reserve, while only 34% express support, and 15% are uncertain.

ChainCatcher news, according to Cointelegraph, David Sacks explicitly opposed the proposal to tax cryptocurrency transactions to supplement the U.S. strategic Bitcoin reserve, arguing that such taxes often start at a "moderate" level but can easily expand to a broader scope, similar to how income tax initially targeted only a small group.Although the Trump administration proposed replacing federal income tax with import tariffs, Sacks still warned that a cryptocurrency transaction tax could burden users—existing proposals suggest a tax rate of 0.01% on each transaction, even covering transfers between the same user addresses, which has drawn strong criticism from investors. According to research data, eliminating income tax could save over $130,000 per person, but the White House did not clarify tax reform details at the recent cryptocurrency summit.

ChainCatcher news, Solana ecosystem governance project MetaDAO co-founder Nallok tweeted, "Regarding the SIMD-0228 improvement proposal, I believe what we are seeing here is a misalignment of values; we should focus on dynamic base fees (computational and network costs). Inflation should be controlled through direct payments to attract shares. While I am pleased with everyone's interest in SIMD-0228, I think this is not where we need to focus. I believe it is likely to achieve its goals, but it may not reach the scale it hopes for. If people want to see this happen, I suggest reducing the impact by half; we can always revisit it. Considering that implementation may take some time, we can be highly confident that it will proceed as expected, and if necessary, we can further accelerate it through future proposals."

ChainCatcher news, according to Jin Shi reports, Federal Reserve Governor Waller stated on Thursday that he strongly opposes a rate cut at the upcoming policy meeting this month, although he believes that if inflationary pressures continue to ease, a rate cut later this year is still possible. Waller mentioned that he does not have enough inflation data to determine whether a rate cut should be made, especially given the significant uncertainty caused by President Trump's trade policies.In the long term, Waller stated that the monetary policy outlook presented by officials at the December meeting still appears credible. He noted that the prediction of two rate cuts this year and next year is reasonable, saying, "I think that number is fine, even if the actual outcomes differ slightly."The Federal Reserve Governor also indicated that when assessing inflation expectations, he pays more attention to market indicators rather than survey data. In this regard, the information from market pricing suggests that traders and investors believe that the targets of Trump's current policies do not have a real impact on long-term inflation.

ChainCatcher news, according to Jinshi reports, Minister of Commerce Wang Wentao sent a letter to the new U.S. Trade Representative Katherine Tai, expressing China's concerns regarding the U.S. tariffs on Chinese products exported to the U.S.Wang Wentao emphasized that recently, the U.S. imposed a 10% tariff on Chinese products under the pretext of issues such as fentanyl. China firmly opposes this and has taken corresponding countermeasures, which is a necessary step to protect China's legitimate rights and interests.Wang Wentao stated that China also noted that President Trump signed the "America First" trade policy memorandum on January 20, which includes several investigations targeting China. He hopes that the U.S. will conduct assessment investigations with an objective, rational, and professional attitude, and increase transparency. It is normal for there to be differences between China and the U.S. in the economic and trade fields, and these concerns should be resolved through equal dialogue and consultation.

ChainCatcher news, Binance founder Zhao Changpeng posted on X commenting on the incident of "Shang Mugen and Chen Shiling filing a defamation lawsuit against Bloomberg reporters": calling for more countries to hold journalists accountable for defamation through legal means. Supporting freedom of speech, but opposing deliberate defamation without data or supporting evidence.

ChainCatcher news, according to Ledgerinsights, Federal Reserve Chairman Powell discussed the topic of cryptocurrency during a press conference after announcing the decision to maintain interest rates. He stated that banks can provide cryptocurrency services to customers as long as it is done in a safe and sound manner. He added, "We do not oppose innovation, and we certainly do not want to take actions that lead banks to terminate fully legal customers due to excessive risk aversion brought about by regulation."According to a court order, the Federal Deposit Insurance Corporation (FDIC) recently issued several letters emphasizing the strict scrutiny banks face when providing cryptocurrency services to customers. In many cases, banks were told to suspend services and were never granted approval.

ChainCatcher news, a poll from Quinnipiac University shows that more than half of Americans oppose American entrepreneur Elon Musk playing a significant role in President Trump's administration.Previously, The Washington Post referred to Musk as America's "shadow president" because he actively intervened in the discussions surrounding federal funding bills, leading to threats of a government shutdown.The poll results indicate that 53% of surveyed Americans disapprove of Musk's significant role in the Trump administration. 39% of respondents expressed the opposite opinion. It is reported that 90% of American Democrats disapprove of Musk's prominent role under Trump, while 73% of Republicans approve of it.

ChainCatcher news, according to Crowdfund Insider, U.S. House Financial Services Committee Chairman French Hill and Digital Assets, Fintech, and Artificial Intelligence Subcommittee Chairman Bryan Steil issued a joint statement expressing support for President Trump's signing of an executive order related to digital assets. The two chairmen stated that the President's Digital Asset Market Working Group will strengthen the United States' leadership position on the international stage.It is noteworthy that they also emphasized their stance against the issuance of Central Bank Digital Currencies (CBDCs) in the U.S., believing that this aligns with the goal of protecting the financial privacy of Americans.

ChainCatcher message, Ethereum co-founder Vitalik Buterin stated on social media: "I personally oppose staking through service providers for the Ethereum Foundation; we should set an example in supporting independent staking. Staking pools are a good option for those who cannot stake on their own, but the Ethereum Foundation is not in that situation; we have far more than 32 ETH in assets and a large number of technically skilled node operators.Moreover, this is also more conducive to the idea of 'understanding the problems that need to be solved more directly through the actual use of technology.'"

ChainCatcher news, according to Bitcoin.com, old-school economists oppose allocating U.S. reserve funds to Bitcoin. Johns Hopkins University professor Steve Hanke stated that he believes transferring funds to Bitcoin could hinder economic growth and drag down the economy, as these savings are not invested in real capital assets.Steve Hanke emphasized the importance of increasing productivity for improving living standards and called the idea of Bitcoin reserves "the dumbest idea."

ChainCatcher news, according to Decrypt, based on the latest declassified documents obtained by Coinbase through the Freedom of Information Act (FOIA), the Federal Deposit Insurance Corporation (FDIC) had explicitly opposed its member banks using public blockchain networks to provide services.The documents reveal that the FDIC's New York office sent a letter to a member bank in March 2022, expressing concerns about the bank's plan to launch a "bank digital deposit" project on a public chain, and required a new detailed review before launching any public chain-based products. Additionally, the documents also show that the FDIC had requested member banks to suspend all services related to Bitcoin trading and cryptocurrency activities.Coinbase Chief Legal Officer Paul Grewal believes that these documents further confirm the existence of the Biden administration's "Operation Chokepoint 2.0," which aims to suppress the cryptocurrency industry through bank regulation.