News list for " Council"
A South Korean lawmaker has urged the government to work with the Traditional Financial Institutions Group to accelerate the legalisation and adoption of stablecoins. The lawmaker also warned that if South Korea delays, it may fall behind as global payment standards evolve. The lawmaker noted that stablecoins have become an irreversible trend in the country's financial system. "It is no longer a question of whether stablecoins should be launched, the only question now is how fast and how well we...
ECB Governing Council member Eskriva said he sees no reason to adjust interest rates and expects monetary policy to remain stable for the foreseeable future. The ECB left its policy rate unchanged on Thursday and raised some of its growth and inflation forecasts, a move that could close the door for further rate cuts in the near future. In an interview, Eskriva was asked about the next possible rate move, saying: "We don't know, but we are open to any change in either direction if necessary, but...
Pham, acting chairperson of the US Commodity Futures Trading Commission (CFTC), announced the members of the CEO Innovation Council, which aims to explore the development of market structure in derivatives markets. The committee includes CEOs from Polymarket, Kalshi, Crypto.com, Gemini and Kraken.
Caroline Pham, acting chair of the US Commodity Futures Trading Commission (CFTC), is seeking CEOs from across the board to join a new "CEO Innovation Council" as institutions step up their efforts to expand regulation of digital assets. "In order to move quickly, the CFTC needs to engage with the public, supported by industry experts and innovators who are shaping the future," said Pham, who announced on Tuesday that she had launched a call for nominations for the commission, with a deadline fo...
Important News 1. Trump: Tariff rates on Colombia to be announced. 2. Hassett, director of the White House National Economic Council, said there is a possibility of progress on the government shutdown this week. Stock News 1. Evercore ISI: Apple (AAPL. O) stock added to the list of tactical runners. 2. IBM (IBM. N) will acquire AI Cloud as a Service provider Cognitus to strengthen SAP. 3. Micron Technology (MU. O) shares rose more than 4% in premarket trading after Barclays raised its price targ...
Hassett, director of the White House National Economic Council: It is clear that Federal Reserve Chairperson Powell will cut interest rates.
European Central Bank Governing Council Villeroy: The downside risks to inflation outweigh the upside risks.
European Central Bank Governing Council Villeroy: The next step is more likely to cut interest rates than to raise interest rates.
On October 10, local time, on the afternoon of October 9, Li Qiang, a member of the Standing Committee of the Political Bureau of the CPC Central Committee and Premier of the State Council, met with Kim Jong-un, General Secretary and State Councilor of the Workers' Party of Korea, at the Central Committee of the Workers' Party of Korea in Pyongyang. Li Qiang pointed out that China is willing to strengthen high-level exchanges and strategic communication with the DPRK, further promote traditional...
