AICoin Daily Report (October 16)

CN
AiCoin
Follow
7 hours ago

1. Federal Reserve Officials Expect Two More Rate Cuts This Year

Federal Reserve official Miran stated that there may be two more rate cuts this year, a prediction considered realistic. -Original

2. U.S. Government Discusses Including $1.4 Billion in Bitcoin in Reserves

The U.S. government currently holds approximately $1.4 billion in Bitcoin, sparking discussions about whether to include it in national reserves. Previously, these Bitcoins were seized through law enforcement actions involving multiple cases. Policy and legal issues remain to be resolved, and the community is keeping an eye on its potential impact. -Original

3. U.S. Department of Justice Seizes $15 Billion in Bitcoin Related to Cambodian Fraud Case

The U.S. Department of Justice has charged Chen Zhi, founder of the "Prince Group," with orchestrating a multinational cryptocurrency scam involving forced labor in a "pig butchering" fraud case. The Department seized 127,271 Bitcoins, valued at approximately $15 billion, marking the largest seizure in the department's history. Chen Zhi faces charges of telecom fraud and money laundering, with a maximum sentence of 40 years in prison. -Original

4. UK Plans to Update Cryptocurrency Donation Guidelines, Reform UK Accepts First Crypto Donation

The UK Electoral Commission plans to "update soon" its guidance on cryptocurrency donations to enhance transparency and address regulatory gaps. Reportedly, Reform UK, led by Nigel Farage, has received its first cryptocurrency donation, with the specific amount and type not yet disclosed. According to UK election law, donations over £11,180 must be reported, and those over £500 must come from "qualified donors." Political parties must verify the identity of donors and have the right to refuse anonymous or non-compliant donations. The Commission stated that no party has formally reported cryptocurrency donations yet, but several parties are exploring this area. The Observer reported that the donation was pre-notified to regulators and did not violate relevant regulations. -Original

5. Ripple Plans to Expand Dollar Stablecoin RLUSD to African Market

Earlier this year, the company announced a partnership with Chipper Cash to support crypto payments and confirmed that its dollar-backed stablecoin RLUSD will be launched in the African market. -Original

6. Bank of England Plans to Remove Stablecoin Holding Limits

Bank of England Deputy Governor Sarah Breeden stated that the limits on the amount of stablecoins individuals and businesses can hold will be removed once the economic risks associated with stablecoins are eliminated. She warned that the widespread adoption of stablecoins could lead to a massive outflow of bank deposits. -Original

7. Public Companies Increase Ethereum Holdings to Billions of Dollars

Public companies are significantly increasing their holdings of Ethereum, with total holdings now valued at billions of dollars. According to the latest data, these companies have become one of the largest institutional holders of Ethereum, demonstrating long-term confidence in the asset. The community has responded positively, but there are concerns about the market risks associated with concentrated holdings. -Original

8. Sony Applies for Banking License, Plans to Offer Cryptocurrency Services

Sony has applied for a national banking license through its online banking division, planning to offer cryptocurrency and stablecoin-related services. This application joins the ranks of crypto companies, including Stripe, Coinbase, Paxos, and Circle, seeking OCC licenses. This move indicates that traditional companies are accelerating their entry into the crypto space, potentially driving further improvements in the industry's regulatory framework. -Original

The above is a selection of hot topics from the past 24 hours. For faster news, please download AiCoin (aicoin.com)

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink