The commissioner fired by Trump said: "If the president can legally fire me, he can legally fire Powell." Click to view...
Piero Cipollone, a member of the European Central Bank's executive board, said the ECB's interest rate decision should not ignore the tightening effect on monetary policy of unwinding past asset purchases. The Italian official told an event organised by MNI that while policy rates remained the main tool for adjusting the ECB's stance, the role of quantitative tightening in influencing financial and funding conditions - through yield curves or bank lending - should also be taken into account.
Bowman, the governor of the Federal Reserve, said that inflation is expected to decline, but upside risks remain; there needs to be greater confidence that inflation will decline before another rate cut; and waiting patiently for a rate cut will help to gain a clearer understanding of the impact of government policy.
According to a Jupiter team member posted on X, there was no prior knowledge of the launch of LIBRA. He said that FUD is everywhere now, but the truth is this: The Jupiter team was not involved in the launch of the LIBRA token. We did not deploy, market, or participate in the issuance. We also did not pre-verify the token, only after its market cap exceeded $1.50 billion. Dozens of counterfeit tokens have emerged, and given the official public statement revealing the CA, we want to ensure that u...
According to several community members, the LIBRA token was not certified by the Moonshot platform before, but was displayed through the platform's recent "token registration function". This function supports searching for corresponding projects through token contracts, but the Moonshot platform official did not verify this and marked it with a corresponding warning.
Federal Reserve Governor Paul Waller said he believes stablecoin regulations will be passed quickly.
Fourteen members of Hong Kong's Legislative Council C15 + met with Financial Secretary Paul Chan and other officials on the afternoon of February 6 to discuss the new budget. Among them, Legislative Council Member Ng Kit-chuang put forward a total of 22 proposals in five areas, including the development of the Web3 industry. In terms of Web3 industry support, Wu Jiezhuang proposed to continue the development direction of the 2023/24 budget and put forward two key measures: First, invest 50 milli...
Federal Reserve Governor Paul Waller said that he sees no reason for the United States to establish a retail central bank digital currency (CBDC).
Hang Seng Bank has jointly launched a number of blockchain-related proof-of-concept projects and solutions with members of the Cyberport community. According to Li Wenlong, Director of Strategy and Corporate Development and Director of the Chief Executive Officer's Office, Hang Seng Bank has completed several blockchain proof-of-concept projects, including the development of the Central Bank Digital Currency (CBDC) application research, identity verification education information station, commun...
Eurozone banks need a digital euro in response to U.S. President Donald Trump's efforts to promote a stablecoin, a cryptocurrency usually pegged to the U.S. dollar, European Central Bank board member Piero Cipollone said on Friday. That would help lure more customers away from banks and strengthen the case for the ECB to launch its own digital currency.
According to the Nikkei Shimbun, the vast majority of Bank of Japan board members are expected to support a rate hike next week.
Luo Zhuojian, a member of the National Committee of the Chinese People's Political Consultative Conference and a consulting expert of the Ministry of Finance, issued a document calling for the active development of stablecoins to protect the advantages of Hong Kong's financial center. He pointed out that Hong Kong can cooperate with Financial Institution Groups in other regions in the application of stablecoins to explore its potential in international settlement and cross-border application mod...
Team members from Coinbase, Google, ai16z, and other major players have joined forces to launch Aiccelerate, a new decentralized autonomous organization (DAO) that aims to accelerate the convergence of cryptocurrencies with artificial intelligence (AI). The announcement on January 9 revealed that the DAO will focus on driving decentralized, open-source AI development and supporting projects with high potential in different ecosystems. In addition, Aiccelerate positions itself as a DAO that place...
Bowman, the Fed governor, said on Thursday that she supported last month's rate cut as the "last step" in the Fed's monetary policy adjustment and that caution was needed in the future because of rising inflation risks. "We should also avoid prejudging the future policy of the new administration," Bowman said in remarks to the California Bankers Association.
Robinhood is giving away $2.50 million worth of Bitcoin to Gold members participating in the New Year's countdown. Yesterday, Robinhood revealed in a post on X that it plans to distribute crypto rewards to qualified users who access the platform's countdown screen at 9:30 on January 1, Beijing time.