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[Global News You Need To Know Before The US Stock Market Opens On Tuesday] China Securities Regulatory Commission: Listed Companies Are Prohibited From Committing Illegal And Irregular Acts In The Name Of Market Value Management. Boosted By Auto Sales, US Retail Sales Increased By 0.4% Month-on-month In October, Slightly Exceeding Expectations. With The Increase In The Market Value Of Equity Holdings, Alibaba's Q2 Net Profit Soared 63% Year-on-Year, And Revenue Increased By 5% Year-on-Year. The New York Fed Manufacturing Index In The United States Soared To 31.2 In November, Far Exceeding Expectations. Collins, Chairman Of The Boston Fed: The December Rate Cut Is Not "a Done Deal". The UK's Economic Slowdown In The Third Quarter Exceeded Expectations, And Prime Minister Starmer Faces Challenges. Trump's Allies Proposed: Sell Gold Reserves And Buy 1 Million Bitcoins! Valuation Rises Again! SpaceX Plans To Sell Internal Shares, And The Valuation Will Exceed US$250 Billion. According To Bloomberg, General Motors Plans To Cut About 1,000 Salaried Employees To Cut Costs. RELX Technology's US Stocks Rose Nearly 4% Before The Market Opened, And The Company's Net Profit In The Third Quarter Increased By 22.9% Month-on-month. The US Dollar Stopped Its Five-day Winning Streak. Some Chinese Stocks Rose Before The US Stock Market Opened. Alibaba Rose More Than 5%. Technology Stocks Fell Across The Board. London Aluminum Rose Nearly 8%. Bitcoin Rose Above $90,000. The Nikkei 225 Index Closed Up 0.3%, The Shanghai Composite Index Closed Down 1.45%, And The Hang Seng Index Closed Down 0.05%

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【JPMorgan Analyst: Crypto Regulation Under the Trump Administration Could See Positive Developments, But Approval for a Strategic Bitcoin Reserve Is Unlikely】 November 15th, according to The Block, a J.P. Morgan analyst outlined six key regulatory and market changes in the cryptocurrency industry under the Trump administration, which could reshape the U.S. cryptocurrency landscape under the Trump administration and its Republican-led Congress.The J.P. Morgan analyst stated that several stalled cryptocurrency bills may quickly receive approval. These bills include the "Financial Innovation and Technology Act of the 21st Century" (FIT21), which clarifies the regulatory responsibilities of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), providing much-needed regulatory clarity for the crypto industry.Furthermore, as the regulatory framework becomes clearer, the SEC's enforcement approach may evolve into a more collaborative one. High-profile lawsuits against companies like Coinbase may be moderated, settled, or even dismissed. Regulatory notices issued to companies like Robinhood and Uniswap may be reconsidered, reducing litigation risks for the broader crypto industry. The U.S. Securities and Exchange Commission's restriction on banks holding digital assets under Staff Accounting Bulletin No. 121 (SAB 121) may be repealed.In addition, the J.P. Morgan analyst also stated that the SEC may require resolution of lawsuits regarding unregistered securities and may require the launch of futures-based ETFs for these assets before approving spot ETFs. These factors may delay the approval of new ETFs or require re-filing. Clearer regulation may increase venture capital, mergers and acquisitions, and initial public offerings in the cryptocurrency space. Although a strategic Bitcoin reserve would greatly enhance Bitcoin's legitimacy and potentially drive up its price, the likelihood of its passage is low.

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