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On February 6, Li Qiang chaired an executive meeting of the State Council, which discussed and approved in principle the "Draft Amendment to the Bidding Law of the Peoples Republic of China," deciding to submit the draft to the Standing Committee of the National Peoples Congress for deliberation. The meeting pointed out that this amendment should be used as an opportunity to reform and improve the bidding system and mechanisms, break down hidden barriers, improve bid evaluation methods, increase transparency, severely crack down on illegal activities, and address both the symptoms and root causes to promote the standardized and healthy development of the bidding market.On February 6th, Premier Li Qiang chaired an executive meeting of the State Council. The meeting noted that, thanks to unremitting efforts, my countrys air quality has significantly improved in recent years, and the peoples sense of well-being has continuously increased. The newly revised "Ambient Air Quality Standards" sets higher requirements for the annual average PM2.5 concentration target. It is necessary to adhere to planning guidance, strengthen policy support, ensure overall coordination and alignment with the new standards, improve support policies in areas such as finance, science and technology, and pricing, strengthen governance and joint prevention and control in key areas, continuously improve governance effectiveness, and safeguard our beautiful blue skies.On February 6, Premier Li Qiang chaired an executive meeting of the State Council, which pointed out that promoting effective investment plays a crucial role in stabilizing economic growth and enhancing the momentum of development. The meeting stressed the need to innovate and improve policies and measures, and to make better use of funds such as central government budgetary investment, ultra-long-term special treasury bonds, local government special bonds, and new policy-based financial instruments. It also emphasized the need to integrate the formulation and implementation of the 15th Five-Year Plan with a focus on long-term development needs and building future competitive advantages, and to deeply plan and promote a number of major projects and key engineering projects in key areas such as infrastructure, urban renewal, public services, emerging industries, and future industries. Furthermore, the meeting stressed the importance of better leveraging the role of central and state-owned enterprises in expanding investment, increasing support for private investment, and forming a synergy to promote effective investment.On February 6, 2026, YHLO announced that it received a "Notice of Case Filing" from the China Securities Regulatory Commission (CSRC). The CSRC decided to file a case against the company for suspected violations of information disclosure regulations.Russian Foreign Minister Lavrov: Ukraine is behind the assassination of the army general.

Owning Government Officials From Working on Regulation

Cory Russell

Jul 07, 2022 16:31

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Government personnel who actively engage in cryptocurrencies or are discovered to be in possession of any are prohibited from taking part in the creation of legislation and policies pertaining to cryptocurrencies, according to a recent directive from the US Office of Government Ethics.

With Some Exceptions

Additionally, the advisory notice made clear that even if the restriction is in effect, it only does so with a de minimis exception.


Owners are still able to invest in cryptocurrencies via publicly listed shares and mutual funds of businesses offering cryptocurrency and blockchain services because to this exception. Stablecoins and all other forms of cryptocurrency are included.


Government personnel are still permitted to acquire cryptocurrencies; but, doing so will prevent them from contributing to the development of crypto-related regulations.


They may still work on such initiatives, however, provided they divert their cryptocurrency holdings into other financial opportunities.


The notification went on to further describe the situation, saying "An employee may not engage in a specific topic if the employee understands that particular item might have a direct and predictable influence on the value of their cryptocurrency or stablecoins."


However, even for those who are permitted to invest in cryptocurrency-related stock index listings, a $50k threshold has been imposed over which the de minimis exemption is no longer applicable.

Crypto investors suffer a loss

The cryptocurrency market isn't in the greatest of health right now, even if the Biden administration is concentrating on creating laws for cryptocurrencies after the POTUS issued an executive order for the same.


The continued bearishness is having an impact on cryptocurrency firms as the overall market value of all cryptocurrencies is struggling to reach $1 trillion.


Voyager Digital has filed for Chapter 11 bankruptcy a week after stopping the platform's withdrawal, trading, and deposit services after Harmony almost went bankrupt a while back.


Thus, even without the US GOE's decision, it would only have taken these investors a little longer to leave the market, similar to how many other investors are already doing.