On November 2nd, He Lifeng, Vice Premier of the State Council and Chinese Chairperson of the China-Russia Prime Ministers Regular Meeting Committee, and Chernyshenko, Russian Vice Premier and Russian Chairperson of the Committee, jointly chaired the 29th meeting of the China-Russia Prime Ministers Regular Meeting Committee in Ningbo City, Zhejiang Province. He Lifeng said that under the personal attention and promotion of the two heads of state, the China-Russia practical cooperation mechanism h...
CEX.IO chief analyst Illia Otychenko said that while lower interest rates are usually good for risk assets like bitcoin, investors should focus on the Fed's forward guidance. Even if the Fed chooses to cut interest rates by 50 basis points, the market's reaction may depend on Fed Chair Jerome Powell's comments on future monetary policy actions. Without clear forward guidance, institutional investors may reduce their risk exposure, which could dampen bitcoin's bullish momentum. (Decrypt)
According to Henk Jan Hoogendoorn, Head of Financial Services at the Qatar Financial Centre (QFC), Qatar has established a solid framework for tokenizing a wide range of real-world assets, including securities, debt capital markets instruments, investments, Islamic bonds and other asset classes. The framework is expected to be completed and promulgated in the fourth quarter of this year. In addition, QFC recently established a Digital Asset Lab to encourage innovation and research in finance and...