According to Odaily, the Governor of the Bank of Thailand has announced that the list of approved virtual banks will be released in 2025. The central bank is also prepared to adjust its monetary policy based on changing circumstances.
Category Archives: Compliance policy
According to Odaily, ANZ has indicated that the Bank of Japan might increase interest rates in October. This potential move is significant as it could impact global financial markets. Additionally, ANZ highlighted that the U.S. Federal Reserve’s policy direction will be heavily influenced by the non-farm payroll report for September. This report is crucial for […]
According to Odaily, Federal Reserve Chairman Jerome Powell emphasized the significance of U.S. employment data in his speech at the Jackson Hole conference, particularly in relation to the upcoming monetary easing cycle. Stephen Stanley from Santander Bank noted in a report that this underscores the importance of the August employment data, which is set to […]
According to BlockBeats, on August 23, Corpay’s Chief Market Strategist Karl Schamotta emphasized a key statement from Powell’s speech, indicating that they will ‘do everything possible to support a strong labor market while making further progress on price stability.’Schamotta interprets this as Powell acknowledging growing concerns among policymakers about the direction of the labor market. […]
According to Odaily, Federal Reserve’s Barkin has announced a ‘test and learn’ approach to handling interest rate cuts. The decline in inflation, which initially began in the goods sector, has now spread to other parts of the economy. This development has bolstered confidence that the downward trend in inflation will continue.
———————————————————————————— According to Cointelegraph, the United States Securities and Exchange Commission (SEC) announced that cryptocurrency platform Abra has agreed to a settlement over allegations that the firm did not register the offers and sales of its lending product.In an August 26 notice, the regulator stated that Abra, “without admitting or denying the SEC’s allegations,” has […]
According to PA News, New Zealand’s Revenue Minister, Simon Watts, has introduced a proposal to incorporate the Organisation for Economic Co-operation and Development’s (OECD) Crypto-Asset Reporting Framework (CARF) into national law. The legislative proposal, submitted on August 26, aims to ensure transparency in crypto transactions and is set to take effect on August 1, 2026.Under […]
According to BlockBeats, on August 27, San Francisco Federal Reserve President Mary Daly stated that she believes it is appropriate for the Federal Reserve to begin cutting interest rates. In an interview on Monday, Daly mentioned, ‘The labor market has achieved full balance. The time to adjust policy has arrived.’This perspective aligns with Federal Reserve […]