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18:34
TD Cowen says that Trump's "personal intervention" may be a necessary condition for advancing cryptocurrency market structure legislation.
According to a report by Bijie Network, TD Cowen stated that without President Trump personally intervening to broker a compromise, cryptocurrency market structure legislation is unlikely to pass in Congress. Meanwhile, industry and banking groups are holding meetings to discuss key issues such as stablecoin rewards, with banks viewing stablecoin rewards as a threat to deposits. Analysts pointed out that there are deeper political obstacles, including the need for strong support from the Democrat-controlled Senate to pass stricter regulatory provisions, which may face opposition from the industry.
18:21
The Federal Reserve's overnight reverse repurchase agreement usage reached $1.0415 billion on Monday.
The Federal Reserve's overnight reverse repurchase agreement (RRP) usage on Monday was $1.0415 billion.
18:10
Bostic: Current policy is not highly restrictive, no rate cuts expected in 2026
ChainCatcher News, according to Golden Ten Data, Federal Reserve's Bostic stated that the current policy is not highly restrictive, and perhaps one or two rate cuts would be enough to reach a neutral level. He previously predicted that there would be no rate cuts before 2026.
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