News linked to both this project and an event.
"Fed Whisperer" Nick Timiraos stated that there are three key points to watch in Warsh's first Fed meeting as chair:1. Will the "easing bias" language be removed? And if so, what will replace it? Since 2024, a sentence in the policy statement regarding "additional adjustments" has been signaling to the outside world that the next move in interest rates is more likely to be a cut than a hike. This language sparked dissent at the last Fed meeting and now appears increasingly untenable. Removing it could satisfy everyone: hawks want it gone, and Warsh can tout the move as a reform rather than a signal of a hawkish turn. Even Trump previewed this move during Warsh's swearing-in ceremony.2. Will the "dot plot" take over as a guidance tool? Who will predict a rate hike? The Fed will release its first interest rate projections since March; at that time, 12 of the 19 officials expected at least one rate cut in 2026. Now, most expect no cuts. I'm watching how many predict a hike—and whether Warsh, long skeptical of the dot plot, will submit his own projection or downplay its significance by not voting on it.3. How will Warsh communicate during the press conference? The Fed Chair's words can move markets only if people believe he commands a majority—that his words represent the committee's direction, not just his own views. Warsh leads a divided group that he may not fully control. If he faithfully conveys his colleagues' views, he can begin building the authority to speak for them; if not, colleagues will express themselves elsewhere (e.g., through dissenting votes). Under a chair inclined to reduce signaling, those "dissents" themselves may become the tools for sending signals. (Jinshi)
at today's 2026 Lujiazui Forum, Ding Xiangqun, Director of the National Financial Regulatory Administration, stated that efforts must be made to strengthen supervision, eliminate regulatory gaps and blind spots, and ensure full coverage with no exceptions. Ding Xiangqun said that efforts should be concentrated on preventing and resolving risks to firmly uphold the bottom line of preventing systemic financial risks. Focus should be placed on "reducing existing risks and controlling new risks." Risks in small and medium-sized financial institutions should be addressed in a forceful and orderly manner, with support and coordination to resolve risks related to real estate and local government debt. Adhere to the principles of treating diseases before they occur and addressing problems at the source, improve early correction mechanisms for financial risks with hard constraints, and achieve early identification, early warning, early exposure, and early disposal.Focus on "managing legal activities while also managing illegal ones." Strengthen central-local coordination and departmental collaboration, and make every effort to eliminate regulatory gaps and blind spots to ensure full coverage with no exceptions. Take the overall battle of preventing and combating illegal financial activities as a starting point, maintain a high-pressure crackdown stance, strengthen whole-chain systemic governance, and strive to protect the people's "money bags." (CCTV News)
the crypto market hopes to shake off months of geopolitical pressure this week. Following a temporary peace agreement between the US and Iran, Bitcoin rose to near $66,000 on Monday, up about 3.5% from Friday. Crypto-related stocks such as Strategy (MSTR) and Galaxy Digital (GLXY) also advanced in pre-market trading.However, the market remains cautious, as past ceasefire agreements have often collapsed. The April truce failed to hold, and last month's US military action broke another round of peace talks, which also dragged down crypto asset prices at the time.This week, the spotlight will shift to the Federal Reserve's interest rate decision. On Wednesday, Fed Chair Kevin Warsh will preside over the first rate-setting meeting, with the market widely expecting the Fed to hold rates steady in the 3.50%-3.75% range.Analysts point out that the release of the new “dot plot” (showing Fed officials' interest rate expectations) and the shortened trading day due to the Juneteenth holiday on Friday could reduce market liquidity. This week's economic data and Fed policy guidance will determine whether the crypto market can sustain a rebound on the back of easing geopolitical risks. (CoinDesk)
The Hong Kong Monetary Authority (HKMA) released its 2025 Annual Report. In the section on key priorities and outlook for 2026, the HKMA stated that it will continue participating in international discussions and cooperation on digital asset policies—particularly regarding the implications of stablecoin-related arrangements for monetary and financial stability—and ensure that its regulatory framework remains aligned with international standards and best practices. Additionally, another key focus area under “Fintech 2030” is advancing Hong Kong’s tokenization ecosystem: further promoting the tokenization of real-world assets (including financial assets), and enabling settlement of these assets on blockchains via new forms of digital currency—such as e-HKD, tokenized deposits, and regulated stablecoins—to support faster and smoother financial transactions.
According to FinanceFeeds, Morgan Stanley stated that real-world asset tokenization has become the “next major step” for its global business and is now a strategic priority in its initiative to upgrade traditional financial infrastructure using blockchain. The firm plans to integrate traditional and digital assets within regulated environments, advance near real-time on-chain settlement, and launch an institutional digital wallet in the second half of 2026—supporting tokenized traditional investment products as well as crypto assets such as Bitcoin, Ethereum, and Solana. Meanwhile, Morgan Stanley is also advancing the development of a tokenized private equity secondary market and building both on-chain and off-chain settlement processes.