News linked to both this project and an event.
Odaily News Tim Duy, Chief US Economist at SGH Macro Advisors, said that the recent appearance of multiple Fed officials casting dissenting votes on rate decisions has become more common over the past few years. Especially during periods when the economy faces multiple pressures and the policy path is unclear, strong disagreements among officials are likely, leading to more dissenting votes.Regarding the upcoming release of the Fed's meeting minutes, Duy believes the market's core focus will be on how widespread officials' concerns about inflation truly are. He noted that at the time, inflation was clearly running above the Fed's target, and policymakers worried that inflation would not quickly return to target levels. Meanwhile, the labor market was seen as having stabilized, which led some officials to strongly believe the Fed should raise rates to curb inflationary pressures. As a result, the market will closely watch how many Fed officials share this assessment, and whether concerns about inflation have formed a broader consensus within the decision-making ranks. The degree of divergence among officials over the policy path will also serve as an important clue for judging the future direction of interest rates.
Michael Selig, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), wrote in The Economist that the global derivatives market is entering a new stage of development, and financial innovation needs to lead, rather than introducing regulatory models that may limit market development. Michael Selig pointed out that for decades, derivatives (including financial contracts such as futures, options, and swaps) have been important tools for businesses, farmers, investors, and financial institutions to manage risk and optimize capital allocation. Today, the notional value of the global derivatives market has exceeded $1200 trillion, with nearly half of the market regulated by the CFTC. He stated that U.S. leadership in the derivatives field is built upon generations of market competition, strong institutions, effective regulation, and an open attitude towards innovation. For a long time, global regulators have viewed the CFTC as a benchmark for efficient market regulation. Selig stated, "Finance in the new era needs innovation, not consensus." The United States will not introduce regulatory measures that hinder market development, but will seek a balance between innovation and market efficiency. During his tenure, the United States will continue to play a leading role in derivatives market rulemaking and financial innovation, driving the market to maintain competitiveness.
Odaily News: Tom Lee posted on the X platform, stating that given the "panic" among policymakers, the South Korean stock market may be in the final stage of bottoming out. Tom Lee also cited Appaloosa fund manager David Tepper, who said: "When policymakers start to panic, the market stops panicking."
According to Hong Kong’s Ming Pao newspaper, Legislative Council member Kan Wai-man revealed that the “2026 Inland Revenue (Amendment) (Automatic Exchange of Information) Bill” was passed by the Legislative Council last week, and the Crypto-Asset Reporting Framework (CARF) bill has entered the deliberation stage. Kan Wai-man stated that from 2018 to 2025, the Hong Kong government has recovered over HK$100 million in taxes and penalties, and an additional approximately 8,000 financial institutions are expected to be required to register mandatorily in the future.
according to Aztec Labs monitoring, the team is investigating a potential vulnerability affecting an Aztec payments product that was discontinued in 2021. Approximately $2 million was transferred from an immutable smart contract. This discontinued product is an immutable Stage 2 Rollup version that was deactivated in 2022. Aztec Labs does not hold the admin keys or any control over the system, and thus cannot pause or upgrade it. This incident is separate from the attack on the Aztec Connect product on June 14. The Aztec Foundation stated that the product affected by this attack is not associated with any smart contracts of the current network or the AZTEC ERC20 token.
According to Iranian media Fars News, Iran has outlined a four-stage plan for reaching an agreement with the United States. The first phase focuses on a comprehensive cessation of military operations across all fronts, involving Iran, the US, and the Axis of Resistance; the second phase centers on the implementation measures for four key issues, including: the Strait of Hormuz and related mechanisms, lifting the blockade, removing oil restrictions and sanctions, and unfreezing part of Iran's assets; the third phase, following the implementation of objective and verifiable measures, will initiate broader negotiations regarding sanctions and the nuclear issue; the fourth phase involves establishing a supervisory committee to oversee the implementation of the agreement and track the compliance of all parties. (Jin Shi)
during a recent Senate Banking Committee hearing, substantial progress was achieved in advancing the Digital Asset Market Clarity Act (CLARITY Act). The bill passed with a 15-9 vote, moving to the full Senate for consideration.Several bipartisan lawmakers emphasized during the discussions that the United States urgently needs to establish a unified regulatory framework for digital assets, clarifying asset classification, trading platform oversight, and market structure rules to provide long-term certainty for the industry. Angela Alsobrooks pointed out from a family perspective that younger generations show a natural interest in digital assets, and the regulatory system should strike a balance between "opportunity and protection" to prevent technological development from escaping regulatory oversight. Tim Scott stressed the need to advance legislation from the standpoint of economic opportunity and the American Dream, while Cynthia Lummis noted that the legislative process has already demonstrated a clear foundation for bipartisan cooperation.Supporters argue that digital assets have become an irreversible trend, with approximately 68 million Americans currently holding related assets. However, a significant volume of transactions still occur on overseas platforms, underscoring the urgent need for the U.S. to establish a domestic regulatory framework to enhance market transparency and investor protection. Analysts point out that the CLARITY Act is seen as a crucial complement following stablecoin-related legislation (the GENIUS Act). Without supporting rules at the market structure level, the U.S. risks losing its dominant position in the competition for digital financial infrastructure.As the bill advances to the full Senate, observers are closely watching whether it can complete final legislation based on bipartisan consensus, thereby establishing the core rules of the U.S. digital asset regulatory framework. (CoinDesk)