The United States and China have taken steps to ease trade tensions following a meeting between President Trump and President Xi in Busan. The U.S. agreed to reduce certain tariffs, including a fentanyl-related levy to 10%, while China will maintain rare-earth exports and resume soybean purchases. This development is seen as a positive signal for the blockchain and cryptocurrency sectors. The easing of trade relations could facilitate technology sharing and reduce restrictions on blockchain and semiconductor industries. In the U.S., the GENIUS Act for stablecoins and the Basel Cryptoasset Standard (SCO60) for banks are now in effect, providing a framework for global crypto policy discussions. Meanwhile, China is advancing its digital RMB (e-CNY), and Hong Kong is progressing with clear crypto regulations, potentially benefiting from improved bilateral relations.