The Federal Reserve has a 97.3% probability of maintaining interest rates unchanged in March

U.S. banking industry strongly opposes Kraken's access to the Federal Reserve, Trump angrily accuses of obstructing crypto agenda

Cryptocurrency exchange Kraken becomes the first company to hold a main account with the U.S. Federal Reserve, allowing direct settlement of USD transactions. However, this has sparked strong opposition from the banking industry, which is concerned about potential threats to financial stability. Stablecoins could lead to a $6.6 trillion outflow of deposits, affecting lending costs. Trump supports the crypto agenda, accusing banks of obstructing legislation, indicating his political stance and vested interests.

Trump officially submits to the Senate! Kevin Waugh is confirmed to succeed Powell as head of the Federal Reserve, previously praising "Bitcoin as the gold of the youth"

President Trump has nominated former Federal Reserve Board member Kevin Warsh to succeed Jerome Powell as Federal Reserve Chair, with his term starting on May 15. Warsh supports Bitcoin, viewing it as a market discipline regulator, but the nomination may face resistance from Democrats in the Senate.

Trump officially nominates Federal Reserve Chair candidate! Woz: Bitcoin is the new gold

Trump has nominated Kevin Wash to serve as Federal Reserve Chair for a four-year term, and he has also served as a board member for fourteen years. As a Bitcoin supporter, Wash's stance has attracted attention in the crypto market, but his confirmation process faces resistance from the Democratic Party, with the core issue being the preservation of the Federal Reserve's independence. Additionally, U.S. crypto asset regulation still has a vacuum, and a new CFTC commissioner is urgently needed.

Why did Bitcoin rise today? Iran signals negotiations, Trump announces maritime energy trade insurance

Bitcoin broke through $72,000 on March 5, driven by three major macro factors: diplomatic contact between Iran and the US CIA, Federal Reserve officials supporting interest rate cuts, and US escorting oil tankers promising to reduce energy supply risks. Strong economic data further supported market risk sentiment.

Crack down on illegal black markets! The UK considers opening up the gaming market to accept cryptocurrency payments

Author: Fenrir, Crypto City From the regulatory gray area to the mainstream, the UK Gambling Commission explores the possibility of crypto asset payments The UK Gambling Commission (UKGC) recently signaled a major policy shift, planning to formally explore the integration of cryptocurrencies into compliant gambling markets. During the annual conference of the Betting and Gaming Council (BGC) in London, the commission’s Director of Research and Policy Implementation, Tim Miller, pointed out that digital assets are transitioning from the regulatory gray area to mainstream payment options. Image source: Lottery Daily | UK Gambling Commission (UKGC) Director of Research and Policy Implementation Tim Miller This move reflects the UK government’s commitment to establishing the country as a global “crypto hub,” and aims to connect one of the largest economic pillars domestically with modern consumer payment preferences. According to statistical data, currently

European banking giants join forces: Can the euro stablecoin reshape the global crypto landscape?

The article discusses the background and significance of the Qivalis alliance launching a euro-pegged stablecoin, marking Europe's banking system's response to on-chain finance and aiming to counter the influence of dollar stablecoins. The alliance consists of 12 major banks, emphasizing a robust reserve mechanism to attract institutional investors and promote the application of stablecoins in the digital asset space. The article suggests that future on-chain finance may evolve into a multi-sovereign clearing structure, rather than being centered solely around the US dollar.