BTC $82,366.61 +0.51%
ETH $2,419.27 +0.13%
BNB $725.40 +0.35%
XRP $1.31 +0.73%
SOL $105.08 +0.92%
TRX $0.3315 -0.45%
DOGE $0.0795 +0.10%
ADA $0.2187 -0.83%
BCH $277.41 +1.28%
LINK $12.07 +0.29%
HYPE $79.34 +0.04%
AAVE $151.10 -1.86%
SUI $1.00 +1.55%
XLM $0.1770 -0.67%
ZEC $1,143.71 +1.03%
AAPL $342.20 -0.43%
AMZN $254.10 +1.84%
GOOGL $342.41 +0.63%
MSFT $530.91 +0.61%
META $712.07 +0.56%
NVDA $218.39 +2.14%
TSLA $355.55 +0.94%
SNDK $1,360.00 +6.53%
INTC $93.76 +5.47%
SPCX $147.62 +1.96%
MU $912.51 +4.82%
AMD $548.48 +3.99%
BTC $82,366.61 +0.51%
ETH $2,419.27 +0.13%
BNB $725.40 +0.35%
XRP $1.31 +0.73%
SOL $105.08 +0.92%
TRX $0.3315 -0.45%
DOGE $0.0795 +0.10%
ADA $0.2187 -0.83%
BCH $277.41 +1.28%
LINK $12.07 +0.29%
HYPE $79.34 +0.04%
AAVE $151.10 -1.86%
SUI $1.00 +1.55%
XLM $0.1770 -0.67%
ZEC $1,143.71 +1.03%
AAPL $342.20 -0.43%
AMZN $254.10 +1.84%
GOOGL $342.41 +0.63%
MSFT $530.91 +0.61%
META $712.07 +0.56%
NVDA $218.39 +2.14%
TSLA $355.55 +0.94%
SNDK $1,360.00 +6.53%
INTC $93.76 +5.47%
SPCX $147.62 +1.96%
MU $912.51 +4.82%
AMD $548.48 +3.99%

mon

All
Article
Flash

Bank of Japan Governor Kazuo Ueda: Monetary policy has entered a new phase and will continue to raise interest rates

According to Jinshi Data, Bank of Japan Governor Kazuo Ueda stated that Japan's core inflation is close to 2%, marking a policy shift, and the central bank's policy has entered a new phase where inflation cannot be allowed to rise further. Due to core inflation being close to 2% and the financial environment remaining accommodative, the Bank of Japan will continue to raise interest rates and adjust its monetary easing policy. The central bank will discuss whether to adjust the assessment of "core inflation close to 2%" at the upcoming meeting.Kazuo Ueda mentioned that the situation in the Middle East, demand for artificial intelligence, and exchange rates will influence the timing of interest rate hikes. The central bank has been monitoring the impact of the weakening yen and the Middle East situation on inflation. He also stated that it is difficult to make a clear statement about Japan's neutral interest rate, and the stability of 2% inflation is becoming increasingly important. The central bank will focus on consolidating the 2% inflation target. Additionally, Ueda noted that the main takeaway from this week's meeting (including the G20) was the communication with other policymakers regarding the impact of the Middle East conflict and demand for artificial intelligence on the global and Japanese economy, and there was nothing heard that deviated from the Bank of Japan's fundamental views. He exchanged opinions with Federal Reserve Chairman Waller but will not disclose specific details; since the meeting in Asheville, he has not contacted U.S. Treasury Secretary Yellen.

first_img Payment company Saber Money received strategic investments from Tether and Titan Fund

On October 15, Saber Money, a payment infrastructure company based in San Francisco, announced a strategic investment from Tether and Titan Fund under Hong Kong's CMCC Global, with the amount undisclosed. The company provides cross-border remittance services for financial institutions, fintech companies, and enterprises in emerging market corridors, and operates the Indian cryptocurrency exchange Mudrex. The company stated that the funds will be used to deepen existing corridors and expand into emerging markets in the Asia-Pacific and Gulf regions, focusing on obtaining local licenses and banking relationships.Tether CEO Paolo Ardoino stated that emerging markets represent the next stage of global payments, and stablecoins are the relevant infrastructure, with Saber having regulatory depth and market access in Asia and the Middle East. Shiau Sin Yen, co-founder and managing partner of Titan Fund, mentioned that Asia accounts for approximately 53% of global remittances, and cross-border B2B stablecoin payments are expected to reach $5 trillion by 2035. Saber Money CEO Edul Patel stated that the company provides stablecoin payment rails to markets such as the Asia-Pacific and Gulf for near-instant, round-the-clock settlement, and plans to expand B2B payments for vendor payments, fund management, and cross-border working capital.Saber Money has held or obtained licenses, registrations, or authorizations in Canada, the European Union, India, and Australia. Over the past nine months, payment volume has increased more than sixfold, processing billions of dollars in payments across more than 40 countries, with over 90% of payments completed within one minute. The company's backers include Y Combinator, Nexus Ventures, Tether, and Titan Fund of CMCC Global. Market data listed by the company indicates that the Asia-Pacific accounts for about 35% of global payment flows, with South Asia and East Asia and the Pacific receiving over $1 trillion annually, and the UAE expected to remit about 188 billion dirhams by 2025.

Bitcoin.com exclusive interview with Gate founder and CEO Dr. Han: Creating an integrated financial application Gate Money, reshaping the experience of capital flow

Recently, Gate founder and CEO Dr. Han accepted an exclusive interview with the cryptocurrency media Bitcoin.com, reflecting on Gate's journey from developing its underlying trading system in 2013 to becoming a platform serving over 61 million users across more than 130 countries and regions. He further elaborated on the strategic vision of the TOKEN2049 keynote speech "One Gate, Everything Money."Dr. Han stated that in the face of the long-standing barriers between traditional finance and the cryptocurrency market, users have often faced the dilemma of fragmented capital management. They not only need to frequently transfer funds between banks, brokerages, and cryptocurrency platforms but also have to keep a large amount of cash idle in bank accounts, suffering losses from inflation and lack of returns. Meanwhile, high-quality assets like stocks and gold are difficult to consume immediately due to liquidity constraints.To address this industry pain point, Gate officially launched the integrated financial application Gate Money, which consolidates fiat currency, cryptocurrency assets, gold, ETFs, and over 12,800 global stocks into a single account. Users no longer need to hold large amounts of low-yield idle cash and can allocate capital to high-quality assets with value preservation and appreciation potential. When a consumption demand arises, the system will instantly convert the corresponding assets into fiat currency for payment, keeping the funds in an investment state before consumption.

Gate Founder and CEO Dr. Han: Gate Money connects assets, funds, and payments, reshaping the new landscape of digital finance

During a live AMA interview hosted by CoinMarketCap, Gate founder and CEO Dr. Han discussed the development direction of digital finance, the product positioning of Gate Money, and the accelerated integration of digital assets with traditional finance.Dr. Han stated, "The future of digital finance lies not only in providing more asset choices but also in connecting assets, funds, and payments, allowing users to manage assets, transfer funds, and meet daily payment needs more conveniently within one ecosystem." Upholding the core concept of "One Gate, Everything Money," Gate Money integrates services such as digital assets, fiat currency, stocks, ETFs, gold, bank accounts, payments, and asset management into a single account, covering scenarios like asset holding, receiving payments, transferring, exchanging, paying, and earning. Users in eligible regions can also open an e-banking account with the same name and use the Gate Card for online and offline consumption with fiat or digital assets, further bridging asset allocation and daily payment scenarios.Regarding the accelerated integration of digital assets and traditional finance, Dr. Han also explored the roles of stablecoins and asset tokenization in cross-border capital flow, on-chain settlement, and financial service innovation. As user demands extend from single transactions to investment management, fund transfers, and daily consumption scenarios, Gate will continue to expand the asset categories, payment methods, and service capabilities of Gate Money, enriching the application of digital assets in diverse financial scenarios and providing users with a more integrated financial service experience.
app_icon
ChainCatcher Building the Web3 world with innovations.