Trump's entry into crypto makes legislation "more complex" Buffett talks about stepping down as CEO
Reprinted from jinse
05/15/2025·26DHeadlines
▌U.S . lawmakers: Trump 's entry into crypto makes legislation "more complex", but stablecoin and market structure bills are still expected to be passed by August
U.S. Rep. French Hill said that President Trump's launch of crypto businesses such as TRUMP Meme "does make our work more complicated", but "there are still members of the two parties working hard behind the scenes to seek consensus." "I think it's feasible to send the stablecoin bill and the market structure bill to President Trump's desk before Congress adjourns in August." Hill noted that the two bills "support each other" and "that's why both bills are crucial."
▌Buffett talks about resigning as CEO: Time is gone, but the sword is still old when facing market panic
"For some reason, I didn't really start to feel older until I was around 90, but once I started to grow old, this change was irreversible." It is reported that Buffett's body has begun to lose balance occasionally and sometimes it is difficult to remember other people's names. Buffett said: "Real talents are very rare, rare in the business field, rare in capital allocation, and rare in almost all human activities. To be honest, it is unfair not to push Abel to this position (CEO). The longer Berkshire benefits from Abel, the better." Buffett praised Abel for being both a manager and a dealmaker: "The difference between his energy level and workload in 10 hours of working days and my performance is becoming more and more obvious. He is more efficient in completing tasks, managing adjustments, and helping those in need." Buffett conceded Admitted that ageing has weakened some of his abilities, but he said he still has perhaps the most precious and rare talent as an investor: "I have no difficulties in making decisions, whether it is something I have made decisions 20 years ago, 40 years ago or 60 years ago. If there is a panic in the market, I can still come in handy because when prices fall or when others panic, I won't be afraid, it really has nothing to do with age." Recently, Berkshire's huge cash and Treasury reserves have been increasing, attracting attention from the outside world, and people want to know where the company will trade next. "Abel will have ideas about where the funds should be invested," Buffett said.
Quotes
As of press time, according to Coingecko data:
BTC's recent transaction price is US$103,590, with an increase of -0.4% intraday;
ETH's latest transaction price is US$2,610.30, with an intraday increase and decrease of -2.7% ;
BNB's recent transaction price is US$652.44, with an intraday increase and decrease of -1.7% ;
SOL's latest transaction price is US$176.78, with an intraday increase and decrease of -3.7 % ;
DOGE's latest transaction price is US$0.2331, with an intraday increase and decrease of -3.0 % ;
XPR's recent transaction price is US$2.56, with an intraday increase and decrease of -0.8 % .
policy
Nebraska passes new bill to increase Bitcoin mining difficulty
The Nebraska Legislature has just passed a bill that regulates Bitcoin miners. LB 526 Act requires large miners to bear the costs of infrastructure upgrades, require miners to report on energy use and allow authorities to interrupt services. The bill was passed unanimously at 49:0.
Nebraska’s Bitcoin Mining Act LB 526 is not a huge setback for companies in the state. The bill is only more than two pages long and is very straightforward. Unlike the Anti-Mining Act, it does not involve carbon emissions or other environmental impacts. Instead, it focuses almost entirely on the grid.
▌Forbes reporter: A group of senators from both parties is close to reaching a consensus on the text of "GENIUS Act"
According to Forbes reporter Eleanor Terrett, a bipartisan senator group approached a consensus on the GENIUS Act text after several days of intense renegotiation, which could allow the bill to continue. However, the text has not been finalized yet.
Senate leadership is discussing the process path to resume review of the GENIUS Act, including amendment procedures and reconsideration motions. The goal (which may change) is to hope for a final vote before Memorial Day recession and before the settlement process begins, although the schedule may be delayed by whether a procedural agreement can be reached with the Democrats.
▌The US Democratic Party asked the Treasury Department to provide Trump 's crypto transaction information, saying there is a risk of "bribery"
A major Democratic member of the U.S. House of Representatives sent a letter to the Treasury Department on Wednesday asking its anti-money laundering regulator to provide all reports of suspicious activity (SARs) related to the Trump crypto project. They accused Trump and his team of teams of potential abuse of their power to seek benefits for crypto businesses, especially the blockchain projects involving Trump, World Liberty Financial and $TRUMP Memecoin. The letter mentioned that Democratic members demanded an emergency investigation into World Liberty Financial and its related activities launched by Trump and his family in September 2024 to assess whether there are violations of campaign funds, bribery and securities regulations. The move marks an escalation of Congress' crypto business, with Senate Democrats also not voting to advance stablecoin legislation last week due to Trump's crypto project.
▌Lawyer : If the U.S. Congress fails to pass the GENIUS bill in time, crypto-regulatory reforms will be postponed to 2029
John E Deaton, a lawyer supporting cryptocurrency, warned that substantial crypto regulatory reforms may be postponed to 2029 if the U.S. Congress fails to pass the stablecoin GENIUS bill in a timely manner. This view was supported by Messari founder Ryan Selkis and others. Deaton criticized the US regulatory attitude for swaying violently during government changes, and the current regulation still relies on the legal framework of the 1930s and 1940s. Selkis specifically pointed out that if the bill is not passed this week, crypto reforms may die in the future during the Trump administration's term.
Blockchain application
▌ World Foundation Consultant: Iris scanning technology is misunderstood, and data never leaves Orb equipment
World Foundation consultant Liam Horne said at Consensus 2025 that the outside world’s controversy over the project’s iris scanning technology is “often misunderstood”, and the statement that World or Altman has user data is “in fact the exact opposite” and that “the data never leaves the Orb device.” Horne stressed that the system "starts from the bottom of the board for privacy protection." The World network converts the biometric information generated by the iris scan into World ID through a mechanism called "proof-of- personhood" to verify that the user is a real independent individual. The project has recently expanded to six major U.S. cities, including Atlanta and San Francisco.
Cryptocurrency
▌ Coinbase CEO: After acquiring Deribit, he continues to pay attention to mergers and acquisitions opportunities
Coinbase Global Inc. CEO Brian Armstrong said on Bloomberg on Wednesday that the company continued to focus on mergers and acquisitions after reaching a $2.9 billion acquisition of derivatives exchange Deribit earlier this month. He pointed out that the company has a strong balance sheet and as a listed company, it has liquidity funds available for mergers and acquisitions, but it will choose carefully and seek the right time to take action. Armstrong specifically mentioned that the company is particularly focused on the international market, and aims to companies that are in line with their philosophy and can drive the development and growth of Coinbase products. When asked whether Coinbase would consider acquiring the stablecoin issuer Circle (Coinbase has previously reached a revenue share agreement with Circle), he responded that "no relevant news can be announced today."
MetaMask co-founder says native token issuance is still "maybe"
MetaMask co-founder Dan Finlay said in an interview with The Block that the team is still considering whether to launch native tokens. "Maybe," Finlay said with a smile on the possibility of launching a MetaMask token. "If we really want to do it, it will be advertised directly in the wallet. You will find the link directly in the wallet." Although there is no clear plan yet, Finlay notes that in the Trump administration's looser regulatory environment, "it is safe to have more types of token issuances" and "I hope people take this opportunity, push the borders, and set new precedents." He stressed that the tokens will not be promoted through social media, text messages or emails: "It will appear in the wallet, it will be on our official website." MetaMask is affiliated with Ethereum development company ConsenSys, which has about 30 million monthly active users as of 2024.
▌ Metaplanet announces Q1 financial report: The company 's best performance in history this quarter, with revenue reaching US$6.139 million
Japanese listed company Metaplanet announced its Q1 financial report this morning. The financial report pointed out that Metaplanet set its best performance in the company in the quarter, with revenue reaching US$6.139 million, a month-on-month increase of 8%, a year-on-year surge of 943%, and profit reaching US$4.151 million, a month-on-month increase of 11%, of which 88% of revenue comes from Bitcoin option sales.
In addition, the company currently holds a total of 6,796 Bitcoins, with a goal of reaching 10,000 Bitcoin reserves by the end of the year.
▌ Anchorage CEO: The report about the company being investigated by the U.S. Department of Homeland Security is "purely nonsense"
Nathan McCauley, CEO of crypto bank Anchorage Digital, refuted reports that the company is under investigation by the U.S. Department of Homeland Security (DHS) at the 2025 conference in Toronto, saying the reports were "purely nonsense." Previously, Barron's magazine reported that the DHS anti-money laundering task force was contacting former employees of the company to learn about its business operations. McCauley said the company has confirmed through attorney verification that there is no investigation.
Anchorage Digital is known for its strict compliance and just obtained a BitLicense license issued by the New York State Department of Financial Services (NYDFS) last December, one of the most difficult regulatory licenses in the crypto industry.
Important economic trends
▌Feder Daly: Uncertainty has not curbed economic activity
Fed Daly: Market sentiment has been hit, but has not yet been reflected in a sharp decline in overall spending of consumers and businesses. Uncertainty has not suppressed economic activity, but if uncertainty persists, it may have an impact on the economy.
▌The probability of the Federal Reserve keeping interest rates unchanged in June is 91.7%
According to CME's "Federal Observation": the probability of the Fed keeping interest rates unchanged in June is 91.7%, and the probability of cutting interest rates by 25 basis points is 8.3%. The probability of the Federal Reserve keeping interest rates unchanged in July is 63.3%, the probability of a cumulative interest rate cut of 25 basis points is 34.2%, and the probability of a cumulative interest rate cut of 50 basis points is 2.6%.
Golden Encyclopedia
▌What is RISC-V?
RISC-V is a modern open source instruction set architecture (ISA) based on the principle of streamlined instruction set computer (RISC). Simply put, it is like a blueprint that defines a set of instructions that a processor can execute. The RISC-V is designed to be highly modular, efficient and flexible. Originally developed by the University of California in 2010, the open source framework gives developers the flexibility to customize their features and use cases and also saves costs compared to proprietary ISAs such as ARM or x86. RISC-V is widely used, from supercomputers to smartphones, and now blockchains such as Ethereum. On April 20, 2025, Ethereum co-founder Vitalik Buterin announced a "radical" new expansion solution that will replace Ethereum virtual machines (EVMs) with the RISC-V instruction set architecture, aiming to improve the speed and efficiency of the network execution layer. The idea is that RISC-V is the best solution to the limitations of blockchain scalability.
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