ETH breaks through the $1800 mark

According to the Korean Pioneer Economy, the National Power Party of South Korea announced that it will abolish multiple policies such as the "one exchange, one bank" system for virtual assets as the core commitment of the presidential election. The virtual asset policy proposal put forward by the party mainly includes: canceling the current restriction that "one exchange can only connect with one bank"; promoting the legalization of virtual asset trading for enterprises and institutional investors; introducing virtual asset spot ETFs; Promote legislation on securities tokens (STO); Establish a regulatory framework for stablecoins; Formulating the Basic Law for the Revitalization of Digital Assets; And seven measures, including building an innovative virtual asset tax system. These policies aim to comprehensively reform the regulatory framework of South Korea's virtual asset market and promote the healthy development of the digital asset industry.

According to data from Alternative. me, the cryptocurrency panic and greed index dropped to 54 today (compared to 61 yesterday), indicating that the market has shifted from a "greedy state" to a "neutral state".

According to Crowdfunding Insider, the digital asset platform CoinList has announced two feature updates that allow users to earn passive income: SOL automatic staking and USDe holding for interest. Users only need to hold SOL or USDe in the CoinList wallet to receive up to 5.5% and 6% annualized returns, respectively. SOL staking does not require manual operation, the system automatically completes the commission process; Ethena's USDe earnings are distributed on a weekly basis without the need for hedging.

According to Fortune magazine, Paul Atkins, the new chairman of the US Securities and Exchange Commission (SEC), was sworn in last week. Experts say that the SEC's rule making agenda may welcome major changes, but Atkins has a tough stance on enforcement. Three former SEC general counsel believe that their enforcement focus has changed since taking office, but it will not completely shift. Melissa Hodgman, a partner at the law firm Fuerte and former senior enforcement officer at the SEC, predicts that under Atkins' leadership, SEC enforcement will not be lax, with fraud (including accounting and disclosure fraud) and insider trading being the focus. Regulatory agencies can efficiently track insider trading through social media and AI, and law enforcement teams will closely monitor it. Former General Counsel Robert Stebbins stated that enforcement will return to the focus of Jay Clayton's tenure, with a focus on the "mass market" or individual investors, and this time will not enforce the Foreign Corrupt Practices Act. Both Dan Berkovitz and Gary Gensler's general counsel Megan Barbaro have stated that the SEC will focus more on cases that actually harm investors, reduce corporate fines, minimize procedural violations, and focus on fraud. Former chairman Gary Gensler has been widely criticized for his rule making agenda, and three former chief lawyers predict that Atkins will address the challenges of cryptocurrency regulation, while also expanding access to the private equity market and raising the threshold for qualified investors.

OKX-BTC/USDT is currently trading at $93638.10, a decrease of 1.04% in 24 hours. Please pay attention to market fluctuations.