ChainCatcher news, according to Cointelegraph, European Central Bank Executive Board member Piero Cipollone proposed the concept of a European ledger, a unified European digital asset ledger to centralize digital assets and funds in Europe, thereby improving efficiency and synergy. He stated that Europe’s traditional capital markets are fragmented and need to overcome inconsistent legislation, but there is an opportunity to create a unified platform for digital assets. He referred to this platform as the Digital Capital Markets Union.Cipollone noted that over 60% of banks in the EU are exploring or experimenting with Distributed Ledger Technology (DLT), and another 22% are already using it. He stated at a seminar hosted by the German central bank that while DLT offers an opportunity to create financial integration, it does not guarantee it. On the contrary: "The non-interoperable technological ecosystems of each country or region, shaped by different regulatory regimes, create isolated liquidity pools of assets, further exacerbating fragmentation."

ChainCatcher news, officials from three major central banks hinted on Friday that they will firmly lower or continue to lower interest rates in the coming months, marking the end of the high borrowing cost era as the global economy emerges from post-pandemic inflation control. Federal Reserve Chairman Powell stated at the Jackson Hole meeting, "It's time for policy adjustments." He almost committed to a rate cut at the Fed's meeting in September. The determination of the start date for rate cuts, along with many large central banks around the world working in the same direction, has alleviated some of the investors' anxiety.Following the landmark rate cut in June, several members of the European Central Bank—Finnish Central Bank Governor Rehn, Latvian Central Bank Governor Kazaks, Croatian Central Bank Governor Vujcic, and Portuguese Central Bank Governor Centeno—expressed their support for another rate cut next month. Bank of England Governor Bailey indicated in a prepared speech that the risks of persistent inflation are diminishing, suggesting an openness to further rate cuts. However, Powell and other Fed officials did not provide much guidance on how quickly they plan to continue lowering rates in the coming months. KPMG Chief Economist Diane Swonk said, "It's all about selectivity and how they adjust their 'descent'." "This speech clearly indicates that the labor market is now their top priority."

ChainCatcher news, according to Coin Edition, senior official Olubukola Akinwummi of the Central Bank of Nigeria (CBN) testified at a court hearing in Abuja that Binance is operating in the country without a license.During the prosecution's questioning led by EFCC advisor Ekele Iheanacho, Akinwummi stated that the CBN has not issued any licenses to Binance. "Binance provides a platform for traders to transact between the naira and cryptocurrencies, as well as to make payments between one cryptocurrency and another... They also facilitate conversions between two fiat currencies... This service requires authorization from the central bank, either as an authorized dealer or as a currency exchange."Additionally, Binance executive Tigran Gambaryan is facing money laundering charges. He was arrested by Nigerian authorities in February 2024 and later released due to deteriorating health. During a previous hearing, he fell ill in court and was diagnosed with malaria. This prompted U.S. politicians to lobby President Biden for Gambaryan's release.Judge Emeka Nwite accused the prosecution and prison officials of delaying the trial, further escalating tensions. He ordered them to submit a medical report before the next hearing (scheduled for July 16). However, prison officials insisted that Gambaryan's health condition is not serious.

ChainCatcher news, an official from the Reserve Bank of India stated to local media that it will continue to take a reserved attitude towards incorporating cryptocurrency into the country's economic framework, and believes that including it as a regulated financial instrument will not bring "benefits" to the economy. The Indian central bank official further stated that cryptocurrencies, due to their inherent volatility and speculative nature, are more akin to high-risk gambling products, a view that aligns with the global skepticism towards the adoption of cryptocurrencies in mainstream finance.It is reported that the Reserve Bank of India's stance is an important consideration for the Indian government in formulating digital currency policy.