International Hotspots and Regulatory Dynamics
🔹 US-China trade negotiations are held in London, discussing export controls and rare earth policies. The US is considering some concessions, while the market is watching for further developments.
🔹 The US SEC is considering introducing an 'Innovation Exemption' policy for DeFi platforms. Chairman Atkins emphasized: blockchain achieves decentralization of financial intermediaries and should not hinder innovation.
🔹 Employment pressure is emerging: the US May Employment Trends Index (ETI) has fallen to 107.49, still above the historical average, but tariff policies may become a new variable.