The U.S. SEC clarifies that broker-dealers holding stablecoins can count them as net capital at a 2% discount

The probability that the Federal Reserve will keep interest rates unchanged in March is 95.9%

ChainCatcher message, according to Jin10 report, before the data release, based on CME "FedWatch," the probability of the Federal Reserve cutting interest rates by 25 basis points by March is 4.1%, and the probability of holding rates steady is 95.9%. By April, the probability of a total 25 basis point cut is 16.4%, and the probability of holding rates steady is 83%. The probability of a total 50 basis point cut is 0.5%. By June, the probability of a total 25 basis point cut is 44%.

Ray Dalio Warns CBDCs Could Erase Financial Privacy

Ray Dalio warns that central bank digital currencies (CBDCs) may compromise financial privacy, enable instant taxation, and impose capital controls, raising concerns about government oversight and civil liberties as numerous central banks pilot these systems.

FED Kashkari blasts: Cryptocurrencies are "useless," stablecoins are a "hodgepodge of buzzwords"

Federal Reserve Chair Neel Kashkari strongly questions the practicality of cryptocurrencies, believing they have yet to prove any value, and compares their potential to that of artificial intelligence. He criticizes stablecoins for not bringing substantial upgrades to the financial system and argues that their advantages mainly do not target American consumers, highlighting his skepticism towards cryptocurrencies and contrasting with the government's supportive stance.

What signals did the SEC send behind the new regulation of 2% discount on stablecoins?

The new guidelines issued by the U.S. Securities and Exchange Commission (SEC) allow brokers to calculate net capital with a 2% discount for payments made in stablecoins. This change could promote the adoption of stablecoins in mainstream finance. At the same time, this policy will be implemented alongside the enactment of the GENIUS Act, helping to clarify the status of stablecoins within the existing regulatory framework and making it easier for market participants to engage in digital asset trading.

Forget M2: Treasury T-Bill Issuance Emerges as Bitcoin’s Strongest Macro Signal

_Bitcoin closely tracks shifts in U.S. T-bill issuance, more than M2 or Fed balance sheet changes._ For years, crypto investors relied on M2 money supply and Federal Reserve balance sheet data to predict Bitcoin’s direction. Liquidity expansion often aligned with rallies, while tightening