BlackRock CEO Fink said that bitcoin can overcome concerns about the instability of the local currency. The possibility of continued high inflation remains.
On January 16, the official push of Stability AI released information related to the STAI token contract, which is suspected to have been hacked. Beware of being deceived.
Mr. Goolsbee said interest rates should fall if economic conditions were stable, inflation was not rising and full employment was achieved. If current expectations were met, rates would fall sharply in 12 to 18 months.
Federal Reserve Goolsby: If economic conditions are stable, inflation is not rising, and full employment is achieved, then interest rates should decrease.
The People's Bank of China released the "China Financial Stability Report (2024) ", which included a reference to global cryptocurrency regulatory developments and highlighted the progress of cryptocurrency compliance in Hong Kong. Given the potential spillover risks of cryptoassets to the stability of the financial system, regulators in various countries continue to increase their supervision of cryptoassets. Among them, Hong Kong, China is actively exploring additional...
The Bank of Botswana's Financial Stability Report states that risks to financial stability are currently "limited" due to the immature development of the local crypto market. But the central bank stressed the need for a regulatory framework to guard against future latent risks, and listed the use of digital payment instruments for money laundering and terrorist financing as one of the top five national security risks. The report shows that while the increased interconnectivity of the crypto mark...
The Political Bureau of the CPC Central Committee held a meeting, and the meeting pointed out that next year, we must adhere to seeking progress while maintaining stability, promote stability through progress, maintain integrity and innovation, establish first and then break down, integrate systems, cooperate with each other, and implement more proactive fiscal policies.
Meteora, a liquidity platform for stabilizing assets on Solana, announced on the X platform that it intends to airdrop M3M3 tokens to some pledgers. Fee rewards worth more than $4 million will be distributed to the first 999 $M3M3 pledgers. It is reported that M3M3 fee reward funds mainly come from the trading fees locked in the liquidity in the Memecoin pool. These fee rewards need to be manually collected by the pledger.
The US Financial Stability Oversight Council (FSOC) released its annual report yesterday, in which it noted that stablecoins continue to pose a latent risk to financial stability as they are highly vulnerable to runs in the absence of proper risk management standards. The FSOC said the stablecoin market is highly concentrated, with one company holding around 70% of the total market capitalization of the sector. Although the FSOC did not specify which company, it warned that if "the company's" ma...
Bowman, a Federal Reserve governor, said he sees greater risks to the price stability mandate, even though labor market conditions could deteriorate.
Fed Governor Bowman sees greater risks to the price stability mandate, although labor market conditions could deteriorate. The economy is strong, the labor market is near full employment, and inflation is high. Nonfarm payrolls in October are expected to grow at recent averages after accounting for hurricanes, Boeing strikes, and a low response rate to the survey.
National Bureau of Statistics: The employment situation is generally stable, and the urban survey unemployment rate has declined; from January to October, the average urban survey unemployment rate across the country was 5.1%, down 0.2 percentage points from the same period last year.
The Bank of Italy has said that regulatory instability and increased taxes on cryptocurrencies could lead operators to conceal their activities.
The Bank of Italy has said that regulatory instability and increased taxes on cryptocurrencies could lead operators to conceal their activities.