Highlights of Jerome Powell’s Statements
Call for a Re-Examination of the Crypto Industry’s Exclusion from Banking
- He expressed concern about the exclusion of the crypto sector from banking services.
- He emphasized that this situation should be reconsidered.
- He pledged to work with lawmakers to prevent regulations from creating excessive burdens.
He Said There Would Be No Hurry to Adjust Interest Rates
- He said there was no rush to change interest rates.
- He stated that the inflation target will remain unchanged at 2%.
- He said current policies can be maintained as long as the economy remains strong.
Support for a Regulatory Framework for Stablecoins
- He announced that he supports the creation of a regulatory framework around stablecoins.
- He stated that he will not introduce a central bank digital currency (CBDC) during his tenure.
by Darkex Research – 1 min read
Trump Family Crypto Project WLFI Partners with Ondo Finance
World Liberty Financial (WLFI), the Trump family’s crypto project, has formed a strategic partnership with Ondo Finance to promote the adoption of tokenized real-world assets. This collaboration aims to integrate tokenized assets such as USDY and OUSG into the WLFI network.
by Darkex Research – 1 min read
US and UK Refuse to Sign Ethical Artificial Intelligence Treaty
The US and the UK have refused to sign an international ethical AI agreement on the grounds that over-regulation of the AI sector could stifle innovation.
by Darkex Research – 1 min read
Tether Selects Arbitrum for On-Chain Stablecoin USDT0
Tether has selected Arbitrum as the infrastructure provider for its new cross-chain stablecoin USDT0. Arbitrum One will be the main hub for connecting USDT distributions on different blockchains to USDT0.
by Darkex Research – 1 min read
USDC Treasury Prints Over $88 Million in New USDC
The USDC Treasury has minted approximately 88.37 million USDC on the Ethereum network. This move further increases the circulating supply of USDC.
by Darkex Research – 1 min read
FTX/Alameda Distributes 184,000 SOLs to 23 Addresses
FTX/Alameda transferred approximately 184,000 SOL ($37.73 million) in the last 6 hours, distributing it to 23 different addresses. Most of these transfers went to major exchanges such as Coinbase and Binance. The company still has about $1.25 billion worth of SOL in its wallet.
by Darkex Research – 1 min read
Governor of the Bank of England: High Regulatory Standards Needed for Stablecoins
Andrew Bailey, Governor of the Bank of England, pointed to the potential impact of stablecoins on financial stability and called for higher regulatory standards for these assets.
by Darkex Research – 1 min read
FTX to Pay Back $6.5 – $7 Billion in First Phase
FTX will start repaying $16 billions of creditor debt as of February 18, 2025. An initial payment of between $6.5 and $7 billion is planned. The reparations will be calculated based on November 2022 prices.
by Darkex Research – 1 min read
Stablecoin Circulating Supply Increases by $16.97 Billion Since the Beginning of 2025
Since the beginning of 2025, the circulating supply of stablecoins has increased from approximately $194.2 billion to $211.2 billion, according to Glassnode data. This increase accelerated in February, signaling a strong growth trend.
by Darkex Research – 1 min read