21:37 2025-07-10
Federal Reserve Governor Paul Waller: Stablecoins Can Boost Overall Demand for the DollarIt's a good thing that stablecoins will enhance competition in payment systems, Federal Reserve Governor Paul Waller said Thursday. Speaking at an event at the Federal Reserve Bank of Dallas, Waller said the rise of stablecoins will make many types of payments cheaper and faster. "As a free-market capitalist economist, my goal is to lower costs for households, consumers, and businesses through competition in the payments space," Waller said. He also said stablecoins may dampen demand for U.S. pa...
21:27 2025-07-10
White House officials have pressured Federal Reserve Chairperson Jerome Powell, accusing him of gross mismanagementA key Trump administration official said Federal Reserve Chairperson Jerome Powell had grossly mismanaged the institution and demanded more information about the renovation of the Fed's Washington headquarters. "The president is deeply troubled by your management of the Federal Reserve System," Vought, director of the Office of Management and Budget, wrote in a letter to Powell. "Instead of attempting to correct the Fed's fiscal position, you have refurbished Washington headquarters with great f...
21:27 2025-07-10
Trump may use presidential powers to ship weapons to UkraineUS President Donald Trump will use his presidential powers to deliver weapons to Kiev for the first time since taking office, two sources said on Thursday, in a move that signals his renewed interest in defending Ukraine. Trump's team will pick weapons from US stockpiles to ship to Ukraine under presidential authorisation, the sources said, which could be worth around $300 million. The aid package could include defensive Patriot missiles and offensive medium-range rockets, the sources said, but ...
21:24 2025-07-10
BTC breaks through $116,500, setting another record highThe market shows that BTC has broken through $116,500 and is now reported at $116,742.1, setting a new record high, with a 24-hour increase of 5.05%. The market is volatile, so please do a good job in risk control.
21:24 2025-07-10
ETH breaks through $2,900The market shows that ETH broke through $2900, and is now reported at $2901.67, with a 24-hour increase of 5.44%. The market fluctuates greatly. Please do a good job in risk control.
21:03 2025-07-10
The US Senate has confirmed former blockchain industry executive Jonathan Gould as OCC directorThe US Senate voted 50-45 to confirm Jonathan Gould, the former chief legal officer of Bitfury, as head of the Office of the Comptroller of the Currency (OCC), and his nomination will be sent to President Trump for final approval. Gould served as the OCC's chief advisor and deputy administrator. This year, the OCC has taken more crypto-friendly measures, including allowing US banks to own crypto assets. At the same time, the House of Representatives is accelerating the progress of stablecoin leg...