JUST IN: 🇺🇸 SEC to host "crypto roundtables" across the US. https://t.co/hhoakmvzwx ...

JUST IN: 🇺🇸 SEC launches Project Crypto to modernize security rules https://t.co/bp2IUuWbhh ...

The White House proposed requiring U.S. taxpayers to report foreign crypto accounts to curb capital flight and strengthen domestic exchanges. The plan includes a new Crypto Asset Reporting Framework (CARF) and excludes new DeFi reporting rules.https://t.co/JRBlC2oE0D ...

Core Viewpoint - The seminar on financial regulation highlighted the importance of robust financial regulation as a foundational element for building a strong financial nation, emphasizing the need for a well-trained regulatory workforce and the integration of theoretical and practical insights in financial regulation [1][2]. Group 1: Financial Regulation Importance - Financial regulation is considered the foundation of the "six strengths" necessary for building a strong financial nation, serving as the basis for strong financial institutions and international financial centers [2][4]. - The publication of the book "Financial Regulation: Theory and Practice" provides valuable reference material for education and supports the cultivation of regulatory talent needed for a strong financial nation [1][2]. Group 2: Educational Initiatives - The "Financial Regulation" graduate course aims to help students understand the core functions of finance from multiple perspectives, addressing key issues such as financial system vulnerabilities and the dual nature of financial innovation [2]. - The course integrates professional ethics and financial ethics education, reflecting the university's motto "厚德载物" (Virtue carries things), emphasizing the importance of integrity in the financial sector [2]. Group 3: Expert Insights - Experts at the seminar discussed the need for a comprehensive understanding of financial regulation, considering political and technological factors that influence regulatory frameworks [3]. - The book is praised for its interdisciplinary approach, analyzing financial regulation through economic, political, and legal lenses, which helps readers grasp the complexities of China's financial regulatory system [3]. - The importance of balancing principle-based and rule-based regulation was highlighted, with a call for ongoing collaboration between academia, industry, and regulatory bodies to produce high-quality academic works reflecting China's modernization and financial strength [3][4].

Regulatory Landscape - SEC Chair Paul Atkins and the crypto industry are pleased with the House passage of stablecoin and digital asset bills [1] Legislative Developments - House passed stablecoin and digital asset bills [1]

Group 1 - The UK Treasury, Bank of England, Prudential Regulation Authority, and Financial Conduct Authority have signed a memorandum of understanding [1]

Regulatory Changes - The UK's FCA is advancing plans to simplify fundraising for companies [1] - The reforms acknowledge potential risks for both investors and companies [1]

Regulatory Landscape - Republican House leaders expect to pass an industry-friendly stablecoin regulatory bill this week [1]

Group 1 - The new leadership of the Gansu Financial Regulatory Bureau has been officially completed with the appointment of Zheng Zikai as the Party Secretary and Director, continuing the trend of a youthful leadership team primarily composed of individuals born in the 1970s [1][2] - Zheng Zikai, born in January 1972, has extensive experience in financial regulation, having previously held positions in the Zhejiang, Anhui, and Guangdong financial regulatory systems, focusing on financial risk prevention and industry regulation [1] - The other members of the leadership team, Hu Rui and Li Hong, are also from the "70s" generation, born in July 1973 and October 1976 respectively, indicating a stable age structure within the Gansu Financial Regulatory Bureau [1] Group 2 - The previous director, Zhou Guangyu, also born in January 1975, had a rich background in the financial regulatory system, serving in various roles in Sichuan and Chongqing before his tenure in Gansu [2] - The continuous presence of "70s" generation officials in the Gansu financial regulatory system highlights the ongoing trend of youthfulness in the leadership team, which has become a normalized approach in the construction of regulatory leadership [2]

Group 1 - The Gansu Financial Regulatory Bureau has updated its information to announce that Zheng Zikai has been appointed as the Party Secretary and Director of the bureau [1] - Zheng Zikai has previously held positions as the Discipline Inspection Secretary of the former Anhui Banking and Insurance Regulatory Commission, the former Guangdong Banking and Insurance Regulatory Commission, and the Guangdong Financial Regulatory Bureau [1]