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On January 15, the US Bureau of Labor Statistics will release data such as the non-quarterly adjusted CPI annual rate for December 2024 at 21:30 Beijing time tonight. The US non-quarterly adjusted CPI annual rate for December is expected to be 2.9%, compared with the previous value of 2.7%.
The U.K. Labor government is set to unveil a comprehensive cryptocurrency regulatory framework in early 2025, aimed at streamlining regulation and addressing key areas such as stablecoins and staking. The U.K. plans to release its cryptocurrency framework next year, reflecting a global regulatory race for the industry, with other jurisdictions such as the European Union already advancing strategies to attract innovation and economic opportunities. The UK government revealed at the Global Tokeniz...
Cryptocurrences will benefit from a more favorable regulatory and political backdrop under U.S. President-elect Trump, but uncertainty about future policy remains, according to Deutsche Bank research analyst Marion Laboure. The incoming Trump administration is likely to accelerate regulatory transparency, strengthen institutional engagement, improve market infrastructure, and become more widely adopted by the mainstream, she said in a report. Policy uncertainty remains a key factor driving price...
Rachel Reeves, the chancellor of the exchequer, said she was wrong to tell British voters before the election that Labour would not announce new tax increases, even as she assured the public that there would be no repeat of her first budget in the coming years. Asked to explain her comments in June in an interview on Sunday, Ms Reeves said "there is nothing more than what we have already proposed.
The Bureau of Labor Statistics (BLS) said in its employment report on Friday that it no longer plans to cut the sample size of the key labor market survey because of a recently passed continuity resolution that "allows the BLS to use funds from the Current Population Survey (CPS, also known as the household survey) at a faster rate." BLS Commissioner Erika McEntarfer first announced the plan to cut the sample size in June, citing budget constraints and declining response rates that make the surv...
In a speech to MPs, Britain's Charles III read the text of a speech written by the incoming Labour government as it prepares to unveil its legal and policy goals. The government's priorities include "ensuring economic growth", "creating wealth" and improving the nation's infrastructure and housing. The new Labour government will focus on economic stability and growth, but there is no explicit mention of policies related to digital assets.
Keir Starmer will become the new Prime Minister after the UK Labour Party won the general election on July 4, winning 412 seats in the House of Commons. The cryptocurrency industry wants the new government to continue existing policies and drive innovation and growth. Bivu Das, managing director of Kraken UK, said the cryptocurrency industry is expected to "operate as usual" despite the political changes. CryptoUK called on the new government to prioritize clear and aggressive policymaking.
Labour won Thursday's UK general election by a landslide, ending 14 years of Conservative rule and will appoint Keir Starmer as prime minister, but its legislative plans leave the direction of cryptocurrency regulation unclear. According to the BBC, Labour won more than the 326 seats needed for a majority, and as of 6:00 am BST (5:00 UTC) on Friday, Labour had 388 seats, while the Conservatives (i.e. Conservatives) fell to just under 100. In their pre-election manifestos, neither party mentioned...
Exit polls show that the British Labour Party is expected to win the general election, and the French parliamentary election may not "turn right"? European Central Bank officials are worried about the risk of cutting interest rates too quickly, and the Palestinian-Israeli ceasefire talks are "resurgent"... What major events happened in the world last night and this morning?
According to a British exit poll, Labour is expected to win the UK general election with 410 seats to form the next British government.
The Labour Party, which is expected to win the upcoming general election, has yet to take a clear stance on digital assets. Laura Navaratnam, head of UK policy at the Innovation Crypto Council, said the new government needs to act quickly to ensure that the UK's leadership in global crypto innovation is not undermined. Over the past 15 years, the crypto ecosystem in the UK has grown steadily under the support of a Conservative government. Former Treasury Economic Secretary John Glen and his succ...
The Australian Labor Minister believes that the passage of a digital ID bill is necessary to provide individuals with the choice of whether to use a digital ID.
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