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David Solomon, chief executive of Goldman Sachs, when asked if accepting "Trump's potential strategic bitcoin reserve would affect the bank's process of dealing with cryptocurrencies," said: "We have discussed this many times and we have spent a lot of time on the underlying technology. We are leveraging and testing it to reduce friction in the financial system. This is very important. However, from a regulatory perspective, Goldman Sachs still cannot own, dominate or participate in bitcoin, "an...
David Solomon, Goldman's chief executive, said in an interview that the bank still could not own, dominate or participate in bitcoin from a regulatory perspective, saying: "If the world changes, you and I can discuss it." In response to whether Trump's potential strategic bitcoin reserves would affect the bank's handling of crypto, he said: "First of all, you know, we've talked about this many times, and the underlying technology is what we spend...
According to a report by Jin Ten, Goldman Sachs CEO Solomon said that he believes bitcoin poses little threat to the dollar.
On January 22, the People's Bank of China, the Ministry of Commerce, the State Administration of Financial Supervision, the China Securities Supervision Commission and the State Administration of Foreign Exchange jointly issued opinions to align international high standards and promote institutional opening up in the pilot free trade zone (Hong Kong) where conditions permit. Among them, it is proposed to support the development of cross-border digital identity authentication and electronic ident...
National Energy Administration: As of the end of December 2024, the country's cumulative installed power generation capacity was about 3.35 billion kW, an increase of 14.6% year-on-year.
UniSat announced in a post on the X platform that the inscription and rune UTXO management tool is currently in Fractal beta and an update is coming soon.
According to X user @retardmode, the official X account of the Cuban Ministry of Foreign Affairs may have promoted CUBA, a token issued by pumpfun, after being hacked. The original post has now been deleted.
据X用户@retardmode披露，古巴外交部官方X账号或在遭黑客攻击后推广pumpfun发行的代币CUBA，原帖现已删除。
Law firm Robbins Geller Rudman & Dowd LLP has announced its intention to represent the firm in a class action lawsuit against Block, known as Gonsalves v. Block, Inc., Case No. 25-00642 (ND Cal.), which alleges that Block and certain of its executives violated U.S. securities laws, including by imposing minimal obligations on clients seeking to open accounts, trade, and access funds, encouraging the use of Bitcoin and pressuring Block's banking partners to abandon their KYC due diligence activit...
On January 13, Wang Lingjun, deputy director of the General Administration of Customs, said at a press conference that no matter from the perspective of comparative advantage or global market demand, there is no so-called "China's overcapacity" problem, which is purely a false proposition. Made in China is widely popular in the global market, relying on a complete and continuous iterative upgrade of the industrial system, relying on continuous R & D investment and innovation. We have ensured the...
On January 12, the General Administration of Financial Supervision held a 2025 regulatory work conference. The meeting called for effective prevention and resolution of financial risks in key areas. Accelerate the expansion and efficiency of the urban real estate financing coordination mechanism, and support the construction of a new model of real estate development. Actively cooperate to prevent and resolve local government debt risks. Strictly prevent and crack down on illegal financial activi...
After the non-farm payroll data was released, Goldman Sachs now expects the Federal Reserve to cut interest rates by a total of 50 basis points this year, compared with the previous forecast of 75 basis points.
Following the non-farm payroll data, Goldman Sachs now expects the Fed to cut interest rates by a total of 50 basis points this year, compared with a previous forecast of 75 basis points. Goldman Sachs expects the Fed to cut interest rates by 25 basis points each at its June and December policy meetings.
On January 10, Shu Wei, deputy director of the State Administration for Market Regulation, said at a press conference that in the next step, the State Administration for Market Regulation will focus on standardizing the market competition order in terms of promoting fairness and transparency of platform rules, reducing the cost burden of merchants on the platform, and purifying the ecology of the live broadcast e-commerce industry. Improve the normalized supervision system, and pay close attenti...
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