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SEC Chair Paul Atkins Hails "Big Week for Crypto" as U.S. Shifts Toward Pro-Innovation Regulation
SEC Chairman Paul Atkins recently declared that "this is a big week for crypto," signaling a historic shift in digital asset regulation within the United States. Since taking office in early 2026, Atkins has championed a more collaborative regulatory approach compared to his predecessors. This week’s focus is particularly centered on establishing a new framework for legal certainty regarding digital asset exchanges and the integration of major stablecoins and central bank digital currencies into international clearing systems. This optimistic stance from a top-tier regulator is expected to significantly reduce long-standing market uncertainty and pave the way for greater institutional capital inflow. The statement coincides with major industry milestones, such as the strategic expansion of regulated exchanges and the advancement of Binance Alpha initiatives. By prioritizing innovation over litigation, Atkins' leadership marks a definitive move toward bringing cryptocurrency into the mainstream global financial ecosystem. Additional details can be found on the SEC official website. $DOLO I $USDC I $DUSK #StrategyBTCPurchase I #币安HODLer空投BREV I #USNonFarmPayrollReport I #ZTCBinanceTGE I #BTCVSGOLD
Standard Chartered's SC Ventures Eyes Crypto Brokerage Expansion
Standard Chartered's SC Ventures is reportedly developing a comprehensive cryptocurrency prime brokerage service, aiming to cater to institutional investors. The service will offer a range of solutions, including crypto asset custody, market access, and financing options. Zodia Custody and Zodia Markets, both part of Standard Chartered's digital asset arm, are playing a key role in the development of this new venture. Strategic Move Amid Regulatory Pressures The establishment of the prime brokerage service is seen as a strategic move by Standard Chartered to navigate the complex regulatory landscape surrounding cryptocurrencies. By setting up a separate entity for its crypto operations, the bank aims to comply with the stringent Basel III requirements, which impose a 1250% capital charge on crypto assets held by banks. This approach allows Standard Chartered to participate in the growing crypto market while minimizing its regulatory burden. $PAXG | $XAG | $DOLO #StrategyBTCPurchase | #USNonFarmPayrollReport | #USTradeDeficitShrink | #ZTCBinanceTGE | #BTCVSGOLD
$BTC | $PAXG | $RIVER Federal Reserve Chair Jerome Powell revealed that the Trump administration threatened him with criminal charges over his congressional testimony about the Fed's building renovation project. Powell called this move a "pretext" to pressure the central bank into lowering interest rates. Powell's statement has increased tension between him and the Trump administration, emphasizing the importance of the Fed's independence in making monetary policy decisions based on economic evidence rather than political pressure.
Market Reaction and Policy Implications The market's reaction to Powell's statement was measured, with investors waiting for further clarification on the implications of the threat to the Fed's independence and future interest rate decisions. Gold prices reached a high as a safe-haven asset, while the US dollar weakened. S&P 500 futures fell 0.5% after Powell's statement. The debate on monetary policy direction is becoming increasingly complex amid global economic and geopolitical uncertainty. #USNonFarmPayrollReport | #USTradeDeficitShrink | #Fed | #USGovernment | #5月市场关键事件