Regulatory Policy Dynamics

United States: U.S. Trade Representative Tai stated that constructive contacts have been made with the European Union on trade issues, and negotiations are progressing rapidly.
Hong Kong: The Hong Kong Financial Services and the Treasury Bureau will issue a second development policy declaration on virtual assets, and the Securities and Futures Commission is considering introducing virtual asset derivative trading for professional investors.
Pakistan: The Minister of Digital Assets of Pakistan met with Bo Hines to discuss cryptocurrency cooperation.
United States: Federal Reserve Governor Waller stated that the impact of tariffs on inflation may peak in the second half of 2025, and tariff measures will drive up the unemployment rate in the United States.
Federal Reserve: Derivatives market traders predict that the Federal Reserve will hold steady until September, followed by "rapid and significant rate cuts."
South Korea: South Korea will hold a general election vote on Tuesday. Regardless of the election results, the cryptocurrency industry will benefit. Both popular candidates, Lee Jae-myung and Kim Moon-soo, have promised to relax regulations and expand access to digital assets.
New York State: MoonPay has obtained the New York Bitcoin license, BitLicense, paving the way for the company to serve customers in all 50 states.
Europe: European Commission Vice-President Šefčovič: Constructive talks were held with U.S. Trade Representative Lighthizer, and negotiations regarding U.S. President Trump's tariffs are steadily moving in the right direction.
South Korea: The new president Lee Jae-myung is actively promoting cryptocurrency reforms in South Korea.