Monex Research Director: The possibility of the Federal Reserve cutting interest rates in March has been eliminated

U.S. Department of Justice Acknowledges Lack of Evidence in Investigation of Federal Reserve Chairman Powell

Gate News reported on March 24 that, according to the Washington Post, court records show that a senior deputy of U.S. Department of Justice official Jennie Pirro admitted during a closed-door hearing this month that the Department of Justice does not have evidence of misconduct in its criminal investigation into Federal Reserve Chairman Powell regarding renovation costs of the Federal Reserve building.

BNY Mellon CEO: Banks Won't Be Replaced by DeFi, Rather They Are the Key Bridge for the Next Phase of Crypto Adoption

BNY Mellon Chief Executive Robin Vince noted that the future adoption of cryptocurrency will depend on large traditional financial institutions, expressing opposition to claims that DeFi will replace banks. He emphasized that large banks' customer bases and infrastructure are key to driving tokenization, and called for clear regulations to promote digital asset adoption. This financial transformation is expected to take 5 to 15 years and will require collaborative efforts from all parties.

US Media: US Department of Justice Admits Lack of Evidence in Investigation into Powell

Jinse Finance reported that on March 25, according to the Washington Post, court records show that a senior deputy of U.S. Department of Justice official Jeannie Pirro admitted during a closed-door hearing this month that the Department of Justice has no evidence of misconduct in its criminal investigation into Federal Reserve Chair Powell regarding the cost of renovations to the Federal Reserve Building.

BNY Mellon CEO says the future of crypto runs through big banks

NEW YORK — BNY Mellon CEO Robin Vince said the next phase of crypto adoption will depend on large financial institutions, arguing that banks are positioned to connect digital assets with the broader financial system. “We can act as a very effective bridge between the traditional finance and the dig

Federal Reserve maintains unchanged interest rates in April with a probability of 91.7%

Gate News, on March 24, according to CME "FedWatch" data, on March 25, the probability of the Federal Reserve raising rates by 25 basis points in April is 8.3%, and the probability of maintaining interest rates unchanged is 91.7%.

ECB: Stablecoins and Tokenized Deposits Must Use Central Bank Money as Settlement Anchor

European Central Bank Executive Board member Cipollone pointed out that stablecoins and tokenized deposits need to be anchored on tokenized central bank money for settlement to achieve scalability in tokenized financial markets. The DLT settlement project Pontes, expected to launch in 2026, and the Appia plan before 2028 will advance the construction of Europe's tokenized finance ecosystem. He warned of the risks of lacking a unified legal framework.