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Data: If ETH drops below $2,221, the total long liquidation strength on major CEXs will reach $850 million.
19m ago
Bostick: If interest rates are cut, inflation is highly unlikely to drop to 2%.
He explained that the current inflation rate is driven by factors that are not easily reversed by monetary policy alone, and that a significant reduction to 2% would require a much more aggressive approach or a change in underlying economic conditions.
Therefore, policymakers should be cautious about expecting a quick decline in inflation just through lowering interest rates.
32m ago
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Brazil Central Bank: Banks and brokerages must hire independent third-party compliance certification to conduct cryptocurrency business
PANews January 25 News, according to Valor, the Central Bank of Brazil (BC) has issued rules for banks and brokerage firms wishing to engage in cryptocurrency business. The directive requires such institutions to hire a qualified independent company to verify their compliance with the regulatory requirements for virtual asset service providers (VASPs) by the monetary authorities. The certification body must clearly state that it has no conflicts of interest with the audited party.