supervision

It is reported that Tether officially announced that it will launch the second Plan ₿ summer school plan in cooperation with Lugano City and Swiss University, which will last for t

According to reports, Vice President Xuan Changneng of the People\’s Bank of China called for strengthening the supervision of digital finance at a panel meeting on financial infras

On March 29, Patrick McHenry, Chairman of the Financial Services Committee of the United States House of Representatives, announced today that Gary Gensler, Chairman of the Securit

According to reports, Federal Reserve Chairman Powell: Participants believe that there will be no interest rate cuts this year. This year’s interest rate cuts are not our basic expectations. The plan supports strengthening supervision and regulation of the banking industry. Interpretation of this information: The Federal Reserve Chairman, Powell, has reported that participants of the Federal Reserve believe there will be no interest rate cuts this year, contrary to popular expectations. While some experts anticipated a cut, the belief is that this year’s economic conditions do not warrant such an…

According to reports, French Finance Minister Le Maire said that the French banking industry has a high level of liquidity and is under extremely strict supervision. We will pay close attention to the situation of Silicon Valley Bank (SVB). The failure of banks in Silicon Valley will not pose a risk to the French banking system. Interpretation of this information: The statement from French Finance Minister, Bruno le Maire, suggests that there are no major concerns over the stability of the French banking industry when it comes to the recent…

On March 13, US President Joe Biden said that he was pleased that the Ministry of Finance had quickly solved the problem of banks in Silicon Valley, and would continue to pursue the responsibilities of the relevant parties that caused the chaos, and planned to continue to strengthen the supervision of large banks. Interpretation of this information: In his recent statement, US President Joe Biden expressed satisfaction with the Ministry of Finance’s swift resolution of the issues concerning banks in Silicon Valley. The statement suggests that there were problems plaguing…

According to reports, Federal Reserve Chairman Powell said that the same activities and supervision are the basic principles of my support for cryptocurrency and other areas of concern. Carefully monitor the exposure of small and medium-sized banks to CRE. Non-bank activities in the fields of cryptocurrency and mortgage loans should be subject to the same supervision as the regulated banks. The Federal Reserve is very firmly committed to tailoring regulatory regulations for banks. Interpretation of this information: The statement made by Federal Reserve Chairman Powell regarding cryptocurrency and other areas…

It is reported that Ben Broadbent, the deputy governor of the Bank of England in charge of monetary policy, said that the Bank of England is most concerned about the supervision of new payment technologies. So far, the experience of digitalization is that new products and services promoted by new technologies can be adopted on a large scale very quickly, which clearly brings opportunities for financial institutions, enterprises and individuals. We hope to see continuous improvement and reduce the friction and cost of payment. Interpretation of this information: The message…