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1Bitget Daily Digest (Dec. 11)|The Federal Reserve announced a 25 bps cut to the benchmark rate; Bitmine purchased 33,504 ETH; CBOE has approved the listing and registration of the 21Shares XRP ETF2Conflicted Fed cuts rates but Bitcoin’s ‘fragile range’ pins BTC under $100K3Full text of the Federal Reserve decision: 25 basis point rate cut, purchase of $4 billion in Treasury bills within 30 days
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- 23:35Overview of Key Overnight Developments on December 1221:00-7:00 Keywords: OpenAI, FSOC, Galaxy, Movement Labs 1. Disney will make a $1 billion equity investment in OpenAI; 2. The US FSOC annual report removes the cryptocurrency risk warning; 3. JPMorgan issues Galaxy short-term bonds on the Solana network; 4. White House: Trump will sign bills and executive orders later today; 5. Former Movement Labs co-founder launches a $100 million crypto investment plan; 6. Bloomberg analyst: There are a total of 124 crypto asset ETFs being registered in the US market; 7. Crypto journalist: US officials will hold key consultations today on the "Crypto Market Structure Bill"; 8. US SEC Chairman: The crypto working group will hold a roundtable on the 15th to discuss policies related to financial monitoring and privacy.
- 23:35US SEC allows DTCC to custody and recognize tokenized stocks and other RWA assets on the blockchainChainCatcher news, according to Bloomberg, the U.S. Securities and Exchange Commission (SEC) has granted permission to the Depository Trust & Clearing Corporation (DTCC) in the form of a no-action letter, allowing the company to custody and recognize tokenized stocks and other real-world assets (RWA) on the blockchain. This move enables DTCC to provide tokenization services on pre-approved blockchains for a period of three years. SEC Commissioner Hester Peirce stated in a statement: "Although the project is still in the pilot phase and subject to various operational restrictions, it marks an important step for the market towards on-chain migration." Michael Winnike, Global Head of Strategy and Market Solutions for Clearing and Securities Services at DTCC, said in an interview that after receiving approval, DTCC will also expand its record-keeping operations to the blockchain. As the core clearing and settlement center of the U.S. financial system, DTCC plays a significant role in the fields of stocks and fixed income products. Many liquid assets in the U.S. market are held in DTCC's custody division—Depository Trust Co. The company expects to launch its new tokenization services in the second half of next year.
- 23:22The US SEC approves DTCC's plan to tokenize stocks, bonds, and treasuriesJinse Finance reported that the US SEC has approved the plan of the Depository Trust & Clearing Corporation (DTCC) to tokenize stocks, bonds, and treasury securities.
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