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Share link:In this post: President Trump, through Treasury Secretary Scott Bessent, is moving forward with interviews for 11 potential replacements for Fed Chair Jerome Powell, whose term ends in May. The list includes current Fed governors, past officials, and top financial executives. Philip Jefferson, the current vice chair, is also in the running. If selected, he would become the first Black Fed Chair in U.S. history.
Share link:In this post: A new bill (HB1812) introduced in the Pennsylvania House of Representatives could impose jail time on public officials who fail to divest their Bitcoin holdings. Officials who do not comply with the divestment requirement could face civil penalties of up to $50,000, and violations may be classified as felonies. Similar proposals, especially at the federal level, are growing as more officials express discontent with Donald Trump’s relationship with crypto.
- 03:01Japan Financial Services Agency supports three major banks in jointly issuing a yen stablecoinChainCatcher News, the Financial Services Agency of Japan has announced its support for a proof-of-concept experiment in which Mitsubishi UFJ Bank, Sumitomo Mitsui Banking Corporation, and Mizuho Bank will jointly issue a yen stablecoin. This project has been approved as the first case under the newly established "Payment Innovation Project (PIP)", with other participants including Mitsubishi Corporation, Progmat, and Mitsubishi UFJ Trust and Banking Corporation. The experiment will begin in November 2025 and aims to verify the compliance and practical operations of jointly issuing stablecoins by multiple banking groups, with practical implementation expected within the year.
- 02:53American Bitcoin increased its holdings by 139 BTC, bringing the total holdings to approximately 4,004 BTC.Jinse Finance reported that a certain exchange issued an announcement today stating that since October 24, 2025, the company has increased its holdings by approximately 139 bitcoin, bringing the total holdings to about 4,004 bitcoin. At the same time, the company's Satoshis Per Share (SPS) indicator has risen to around 432 satoshis.
- 02:44ether.fi discloses that the platform's liquidity vault currently has no security issues and provides a portal for checking risk exposureJinse Finance reported that ether.fi, the Ethereum restaking protocol, posted on X stating that over the past few weeks, the DeFi ecosystem (especially vaults) has faced significant pressure, and the platform has received a large number of vault status inquiries. Due to the conservative setting of risk parameters, there are currently no security issues with ether.fi's liquidity vaults. At the same time, the platform has also published portals for vault status and risk exposure inquiries. Previously, it was reported that several Curator vaults on the crypto lending protocol Euler reached 100% utilization. Yesterday, the utilization rate of the pool managed by Lista DAO reached 99% by MEV Capital and Re7 Labs, triggering a forced liquidation.