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According to a report by Jinse Finance, although Russia remains resolute in advancing its military operations, the Kremlin is weighing concessions to U.S. President Trump, which may include reaching an aerial ceasefire agreement with Ukraine in an effort to avoid secondary sanctions. Sources familiar with the matter indicated that, despite low external expectations for a successful deal, the visit to Russia this week by U.S. Middle East envoy Wietkov is seen by the Russian side as one of the last opportunities to reach an agreement with Trump. One of the sources stated that suspending airstrikes—including those involving drones and missiles—could be a potential proposal to ease tensions, provided that Ukraine also participates in the agreement. However, Russian President Putin will not agree to a comprehensive ceasefire in Ukraine, as Russian forces continue to make steady advances on the battlefield and Russia’s objectives remain unchanged.

According to ChainCatcher, citing a report from CoinDesk, the U.S. Commodity Futures Trading Commission (CFTC) has announced that it is considering allowing spot cryptocurrency trading on already registered futures exchanges, and is seeking input from stakeholders to implement President Trump’s objectives for cryptocurrency development. Caroline Pham, Acting Chair of the CFTC, stated on Monday that the agency hopes stakeholders will assist in providing regulatory clarity on how to list spot crypto assets on CFTC-registered futures exchanges, also known as Designated Contract Markets (DCMs). This is one of the types of exchanges regulated by the CFTC. The “Spot Crypto Listing Initiative” is the CFTC’s first response to the report released last week by the Trump administration’s Digital Asset Markets Working Group. The report set out clear expectations for U.S. regulators, such as requiring the CFTC to provide clear guidance on registration, custody, and other aspects to establish a regulatory framework for digital asset trading. This initiative is also seen as part of the U.S. Securities and Exchange Commission’s (SEC) “Project Crypto.” SEC Chair Paul Atkins issued a press release last week stating that the project is a commission-wide initiative aimed at modernizing securities regulations to enable financial markets to migrate to blockchain-based operations.