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No results1Bitget Daily Digest（October 16）｜SEC to Introduce Innovative Exemption Mechanism by End of 2025; Japan Plans Legislation to Ban Crypto Insider Trading; Aptos Partners with Reliance Jio to Launch Blockc2Chainlink holds 63% oracle market share as LINK price tests resistance3Top 3 Altcoins for November Gains: Experts Highlight ETH, ADA, and LINK
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- 12:43U.S. September economic data delayed due to government shutdownJinse Finance reported, according to Bloomberg analyst Walter Bloomberg's market update: 🔸 The US September Producer Price Index will be released at 8:30 a.m. Eastern Time, delayed due to the government shutdown. 🔸 US unemployment claims will be released at 8:30 a.m. Eastern Time, delayed due to the government shutdown. 🔸 US September retail sales data will be released at 8:30 a.m. Eastern Time, delayed due to the government shutdown.
- 12:35FSB warns that inconsistent crypto regulation may trigger contagion riskChainCatcher news, the latest report from the Financial Stability Board (FSB) warns that the fragmentation of global cryptocurrency regulation is triggering serious financial stability risks. After reviewing nearly 40 jurisdictions, the FSB found that crypto companies are engaging in "regulatory arbitrage" by establishing operations in more lenient regions and then expanding globally to evade stricter regulations. The European Banking Authority also confirmed that crypto companies are engaging in "forum shopping" in an attempt to circumvent new regulations such as MiCA. FSB Secretary General John Schindler stated that differing rules could amplify market shocks. The report points out that the reserves held by stablecoin issuers are now comparable to those of large money market funds, and a rapid liquidation could cause market turmoil. As major financial institutions increase their exposure to crypto assets, cross-border regulatory cooperation remains "fragmented, inconsistent, and insufficient." The FSB has put forward eight recommendations urging countries to strengthen regulatory cooperation.
- 12:35Deutsche Bank survey shows most financial professionals worry about weakening Federal Reserve independenceChainCatcher News, according to Golden Ten Data, Deutsche Bank conducted a survey of 62 financial industry professionals, and the results show that the majority of respondents are concerned that the independence of the Federal Reserve may be substantially weakened. Among them, 41% of respondents believe this is "quite likely," and 21% think it is "very likely." Respondents generally expect that the loss of independence will lead to a decrease in the Federal Reserve's benchmark interest rate, accelerated GDP growth, rising financial market asset prices, and inflation remaining at a high level.