Former Federal Reserve Chairperson Ben Bernanke has said that if reality differs from forecasts, monetary policy should be adjusted appropriately.
Liu Yuanli, chairperson of the Solana Foundation, said at the Consensus Hong Kong conference that the application scenario of PayFi is huge, and it is the white whale of the crypto industry. If each blockchain aims to become a global financial infrastructure, then the core goal of these technologies and industries is to create a financial layer that can be used by 5.50 billion who own the Internet. Once a token has a community, it means that it will not really disappear, such as Ethereum Classic...
Tim Wong, chairperson of the Catizen Foundation, tweeted that Bybit is confident that it will survive the current challenges. As one of Bybit's key partners, Tim recalled Bybit's valuable support in the early days of Catizen's development, especially in marketing activities and resource integration. Mr. Wong emphasised that while Bybit was facing some challenges, he believed it would quickly overcome its current difficulties and draw strength from them to continue to grow. "What doesn't kill you...
According to News.bitcoin, House Financial Services Committee Chairperson French Hill and Representatives Dan Meuser, Andy Barr, and Bryan Steil have urged the Federal Deposit Insurance Corporation (FDIC) to implement clearer regulations on digital assets. In a letter to FDIC Acting Chairperson Travis Hill, lawmakers expressed concern about federal regulators forcing banks to deny services to cryptocurrency-related businesses, a practice known as "banning bank accounts."
US senators from both parties sent a letter to acting SEC Chairperson Mark Uyeda urging a reassessment of the issue of crypto ETF staking as important to blockchain security and investor interests. The letter was led by Republican Senator Cynthia Lummis and supported by Democratic Senators Kirsten Gillibrand and Ron Wyden.
Federal Reserve Vice Chairperson Jefferson will speak on "central bank communications" in ten minutes.
Philip Jefferson, vice-chairperson of the Federal Reserve, said artificial intelligence tools could help transmit monetary policy, but cautioned against the limitations of such technology. Jefferson said research showed that automated analysis of Fed information and automated trading increased the speed at which information was incorporated into asset prices.
Federal Reserve Vice Chairperson Michael Barr responded to the controversy over the debanking of the cryptocurrency industry, saying that the Federal Reserve has always been neutral and will not prevent banks from working with the crypto industry. Barr emphasized that the Fed provides clear guidance and a regulatory framework to enable banks to engage in crypto within compliance, and said it will not require banks to do it or dissuade them from doing it.
On February 20th, Dr. Xiaofeng, Chairperson and CEO of HashKey Group, said when participating in the HashKey Chain Web3 Voyage that the development of every industrial revolution cannot be separated from the financial revolution. At present, the world is experiencing the fourth industrial revolution wave, and emerging technologies such as blockchain and AGI are important infrastructure to support the fourth industrial revolution. Xiaofeng also mentioned that 2025 will enter the wave of tokenizat...
Jefferson, vice-chairperson of the Federal Reserve, said monetary policy remained restrictive. The US economy is performing quite strongly; the labour market is solid, inflation has moderated but remains high and the path back to its 2 per cent target could be bumpy; the Fed can wait as it considers its next move; and Fed rate cuts are reducing real borrowing costs.
On February 18, Aisen Nikolaev, the chairperson of the Energy Committee of the Russian State Council, proposed plans to establish a dedicated power station for cryptocurrency mining activities. The power station will specifically serve the community of cryptocurrency miners and will not be connected to the public power grid. Nikolaev said that the Energy Committee of the State Council is in communication with the Ministry of Energy on the issue of cryptocurrency mining. He believes that innovati...
Kim Byoung-hwan, chairperson of South Korea's Financial Services Commission (FSC), announced that the regulator will soon make a decision on whether to impose sanctions on Upbit, a crypto exchange that failed to meet customer authentication requirements. The decision follows an inspection launched by the FSC's Financial Intelligence Analysis Unit (FIU) at the end of August last year as part of the renewal process for Upbit's Virtual Asset Service Provider (VASP) license. During the inspection, i...
On February 17, the 38th meeting of the chairpeople of the Standing Committee of the 14th National People's Congress was held in the Great Hall of the People in Beijing on the afternoon of the 17th. Chairperson Zhao Leji presided over the meeting. The meeting decided that the 14th meeting of the Standing Committee of the 14th National People's Congress will be held in Beijing from February 24 to 25. The agenda of the 14th meeting of the Standing Committee suggested by the chairpeople's meeting a...
On February 17, Xi Jinping, General Secretary of the CPC Central Committee, President of the State, and Chairperson of the Central Military Commission, attended a private enterprise symposium in Beijing on the morning of the 17th and delivered an important speech.
Dallas Fed President Lorie Logan, a member of the 2026 FOMC voting committee, urged policymakers to be cautious in the coming months, reiterating that falling inflation would not necessarily prompt further rate cuts. Logan said at a moderated discussion in Palm Desert, California, on Friday: "Even if we get better data and it does look like [inflation] is closer to 2 percent, I think...