The SEC's Division of Trading and Markets has issued a staff statement on custody of crypto-asset securities by broker-dealers, stating that the Division will not object to a broker-dealer being deemed to have "physical possession" of crypto-asset securities held for client accounts pursuant to Rule 15c3-3 (b) (1) if the broker-dealer takes the measures described below. Access rights and transfer capabilities of crypto-asset securities Evaluation of the characteristics of distributed ledger tech...
According to The Kobeissi Letter, Trump will make a statement at 2:30 PM EST on Wednesday.
White House Press Corps: The White House confirmed that it will issue a statement on the drug cartel at 3 PM local time.
The Swiss regulator has issued a statement that the FIFA blockchain token is not licensed in Switzerland.
Mr. Bullard, the former president of the St Louis Fed, said on Monday that he had spoken to Treasury Secretary Vincent Bescent last week about the job and said he would be very interested in the job if the conditions were right. Mr. Bullard, who is dean of Purdue University's Mitch Daniels School of Business and led the St Louis Fed from 2008 to 2023, said: "If we make...
Economist Ed Yardeni pointed out in a note that Federal Reserve Chairperson Jerome Powell is likely to be more cautious at the Jackson Hole meeting than last year. He said Powell is likely to remain a wait-and-see attitude rather than a hawk or dove. Yardeni believes that if inflation and employment data are higher than expected before the September meeting, the Federal Reserve may be more cautious in its decision-making.
"There's still a lot, a lot of uncertainty that needs to be resolved," analyst Chris Anstey said, leaning toward a hawkish stance. "Yes, we do keep getting more information. But for now, we're not too close to the end of this process. Looking ahead, it feels like a lot more is going to happen."
Shigeru Ishiba, Japan's prime minister, expressed his desire to remain in power in a television programme on the night of the upper house election. "The situation [in the election] is grim and must be accepted with humility and sincerity," Mr. Ishiba said in a special programme broadcast by the NHK on the evening of the 20th. According to exit polls released by Japanese media, the ruling coalition of the Liberal Democratic Party and Komeito will struggle to maintain a majority of the seats in th...
On May 12, the Israeli Prime Minister's Office issued a statement on the 11th local time, saying that according to Israel's policy, any future negotiations will be conducted under fire to achieve all war goals. The statement said that the US side has informed Israel that the Palestinian Islamic Resistance Movement (Hamas) will release the detainee Aidan Alexander, who holds dual US and Israeli citizenship. This move is a gesture that Hamas has shown to the US side. It is expected that the two si...
Trump said there would not necessarily be a statement on trade in the coming days. Regarding the timing of a trade deal, Trump said the United States does not necessarily have to sign a deal; in some cases it will sign some trade deals.