Industry News
Trump and Silicon Valley venture capitalist David Sacks recently attended the "Cryptocurrency and AI Innovators" dinner, with a single ticket costing up to $1.5 million, making it one of the most expensive political fundraising events in recent times. This month, he will also host another crypto-themed dinner limited to TRUMP token holders, sparking doubts about his mixing personal interests with public policy. At the same time, the U.S. House of Representatives released a discussion draft of the "Digital Asset Market Structure Act of 2025", which plans to establish a unified regulatory system, clearly define categories such as digital commodities, stablecoins, DeFi, and divide the regulatory powers of the CFTC and SEC to promote the standardized development of the market. Goldman Sachs raised its forecast for U.S. Q2 GDP growth to 2.4%, ruling out the possibility of a near-term recession. Binance founder CZ will attend the Abu Dhabi Emerging Technology Governance Summit and deliver a speech, while Federal Reserve Chairman Powell is expected to comment on Treasury market volatility.
