News

21:00 (UTC+8) - 7:00 Keywords: Brazil, EU, Tariffs, Powell 1. BTC surpasses $119,000, reaching a new all-time high; 2. Trump expresses disappointment with Brazil's actions and trade negotiations; 3. European officials: The EU should formulate countermeasures as soon as possible on Monday; 4. U.S. Vice President JD Vance criticizes the Federal Reserve, saying it is completely asleep at the wheel; 5. NATO Secretary General Rutte to meet with U.S. President Trump in Washington next week; 6. White House economic adviser: If there is reason to dismiss Powell, Trump has the authority to act; 7. White House adviser: Unless the agreement is improved, Trump's latest tariff threat will be implemented.

According to a report by Jinse Finance, Bank of England (BOE) Governor Andrew Bailey recently warned banks against issuing stablecoins, stating that the Bank of England should focus on the tokenization of deposits. He emphasized that stablecoins pose systemic risks to banking institutions, potentially undermining the stability of the entire financial system and causing sovereign governments to lose control over their currencies. He also added that the Bank of England should not adopt a central bank digital currency (CBDC) or otherwise seek to introduce centrally managed digital fiat tokens.