According to BlockBeats, on May 8th, Jacquelyn Melinek, a former TechCrunch journalist, posted on social media that "the US Treasury Department will hold a series of private roundtables with members of the cryptocurrency industry next week to discuss ecosystem issues covering different fields such as DeFi, banking, and cybersecurity
According to Bloomberg, Robinhood is developing a new blockchain based platform that plans to allow European users to trade tokenized assets of US securities. The platform may be based on the Arbitrum, Ethereum, or Solana blockchain and built in collaboration with a digital asset company. The news points out that with the increasingly clear regulatory environment in Europe, asset tokenization has become a popular direction for traditional financial institutions to expand into the cryptocurrency market.
A new policy directive from the U.S. regulator of national banks says the institutions can also outsource crypto custody and execution to outside parties.
Odaily Planet Daily News: SignatureFD analyst Tony Welch said that the decline in US bond yields after the Federal Reserve meeting may indicate investors' concerns about the impact of tight monetary policy on the economy. At present, the economy is slowing down, and implementing a tighter monetary policy for a longer period of time will definitely be a disadvantageous factor. Trump's tariffs are affecting the Federal Reserve's thinking, as the FOMC's statement mentioned trade from the beginning. Powell will use the word 'uncertainty' multiple times during the press conference. (Golden Ten)
