ASIA|FIAT|MARKET|REGULATION Updates
Tether surpasses Germany’s $111B of US Treasury holdings
Tether, the $151 billion stablecoin issuance giant, has surpassed Germany in United States Treasury bill holdings, showcasing the benefits of a diversified reserve strategy that has helped the firm na...
Tether surpasses Germany's $111B of US Treasury holdings
Tether, the $151 billion stablecoin issuance giant, has surpassed Germany in United States Treasury bill holdings, showcasing the benefits of a diversified reserve strategy that has helped the firm na...
US consumer sentiment collapses to 50.8, its second-lowest reading ever
Americans are losing confidence fast. Consumer sentiment just plunged to 50.8 in early May, dropping from 52.2 in April, based on new data from the University of Michigan. That makes this the second-l...
Trump administration prepares biggest bank capital rollback since 2008
According to the Financial Times, the Trump administration is moving forward with a sweeping plan to loosen one of the toughest capital requirements imposed on US banks after the 2008 financial collap...
U.S. released a 2.3% adjusted CPI annual rate in April, the lowest since February 2021
The U.S. Bureau of Labor Statistics has announced that the adjusted CPI annual rate in April was 2.3%, the lowest since February 2021 and lower than market expectations at 2.4%. The unadjusted core CP...
South Korean Central Bank Wades into Presidential Candidates’ Stablecoin Row
The South Korean central bank has entered the political furore surrounding stablecoins , insisting it should have the final say over the issuance of a KRW-pegged coin. Stablecoins have become a “polit...
Japan’s PM Ishiba pushes for 0% tariffs in US trade talks
Japanese Prime Minister Shigeru Ishiba has reiterated his call to eliminate all tariffs in ongoing trade negotiations with the United States. In a televised interview on Sunday , Ishiba emphasized the...
Fed officials reiterate patient policy stance, cites market uncertainty
On Friday, after this week’s policy meeting, Fed officials said the current economic uncertainty calls for monetary policy patience. This is because the Trump administration’s trade policy makes the f...
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