News

BlockBeats News, December 19, EFG Bank economist Sam Jochim stated that the Bank of Japan's belated interest rate hike is more like easing off the accelerator rather than hitting the brakes. He believes there is still room for further rate hikes next year and pointed out that the Bank of Japan emphasized that even after the rate hike, interest rates remain significantly low. The future trend will largely depend on the annual spring labor-management wage negotiations, which set the tone for wage growth, meaning it is unlikely there will be another rate hike before June next year. He noted that although the Bank of Japan remains behind the curve after today's decision, the pace of monetary policy tightening will continue to be very gradual. (Golden Ten Data)

ChainCatcher reported that stablecoin infrastructure startup Nodu has announced the completion of a $1.45 million Pre-Seed funding round, led by Digital Space Ventures. The company is building a MiCA-compliant stablecoin alternative to replace providers such as Zerohash and Bridge, offering a native programmable money option for European institutions.

ChainCatcher reported that former Nasdaq Head of Digital Assets Ira Auerbach stated that the United States is preparing to further consolidate the regulatory framework of the GENIUS Act in 2026. Stablecoin issuers that previously relied on offshore regulatory systems will find significant advantages in relocating their reserves and operations back to the US. In addition, Ira Auerbach mentioned that some retirement plan providers are preparing to test deploying a 0.5% to 1% cryptocurrency exposure in target-date funds and balanced funds, which could to some extent create stable demand correlated with market cycles.