According to ChainCatcher news, reported by Jin10, U.S. bank and financial stocks are on the verge of falling below key support levels, sending warning signals to the entire stock market. The weakness in this zone is driven by credit issues and traders reducing bets on Fed interest rate cuts, with the KBW Bank Index falling 4.5% over the past five trading days, and the S&P 500 Bank Index recording a 2.9% decline during the same period. Miller Tabak Chief Market Strategist Matt Maley stated that if bank stocks continue to fall significantly in the next week or two, it will send a major warning signal to the market.

Polygon Labs revealed that the Digital Bank Revolut has integrated Polygon for stablecoin transfers and trading, allowing users to send and receive USDC and USDT within the app, enjoying zero transaction fees. By 2025, the volume will exceed 690 million USD.

PANews November 18 news, according to Bloomberg, HSBC Holdings Plc will launch tokenization deposit services for corporate clients in the United States and the United Arab Emirates in the first half of next year. Manish Kohli, head of global payment solutions at HSBC, stated that the tokenization deposit service allows clients to conduct real-time domestic and cross-border fund transfers 24/7, without being limited to business hours, and this system helps large enterprises manage liquidity more efficiently. HSBC's tokenization service has been launched in Hong Kong, Singapore, the UK, and Luxembourg, and currently, the bank supports transactions in euros, pounds, dollars, Hong Kong dollars, and Singapore dollars. Kohli stated that when the service expands to the Middle East next year, the UAE dirham will be added. According to Kohli, HSBC plans to expand the application scenarios for tokenized deposits in programmable payments and autonomous vaults.

According to Foresight News, citing two informed officials from Reuters, Brazil is considering taxing international payments made with Crypto Assets. One insider revealed that the country's Ministry of Finance is contemplating expanding the scope of the financial transaction tax to include certain cross-border transfers made using virtual assets and stablecoins, which have been classified by the country's Central Bank as forex transactions. The Brazilian Ministry of Finance declined to comment on the matter to Reuters.

BlockBeats news, on November 18, reported by Coindesk, that Mastercard has chosen Polygon to build a new type of crypto transfer system, enabling cryptocurrency transmission through human-readable usernames instead of complex wallet addresses. According to the press release issued by Mastercard, its "crypto credential" technology standardizes blockchain address verification by creating human-readable aliases for verified users. The crypto payment API company Mercuryo will be responsible for identification and alias distribution, allowing users to bind these aliases to their hosted wallets. This model mimics the operational logic of applications that transfer funds using usernames instead of bank account information, where the system assigns a unique name that can be bound to a wallet for users. Users can also apply to generate credential tokens on Polygon, which not only demonstrate that their wallets support verification transfer functions but also assist applications in completing based on.

Futu Holdings' Q3 2025 financial report shows total revenue reached HKD 6.403 billion, a year-on-year rise of 86.3%; net profit was HKD 3.312 billion, up 136.9%. The platform's virtual asset trading volume increased by 161% quarter-on-quarter, and the number of users rose by 87%. At the same time, it participated in the Central Bank digital currency project and launched the Huaxia Solana ETF.

According to ChainCatcher news and Jin10 reports, the US Dollar Index DXY has slightly declined today. Danske Bank analyst Jesper Fjarstedt stated that the recovery of US employment data may intensify short-term forex fluctuations, especially as multiple employment reports before the December Fed meeting could trigger significant market volatility. If the Fed keeps the interest rate unchanged in December, the US dollar will strengthen by the end of the year.

According to ChainCatcher news and Jin10 reports, a survey of global fund managers by American Bank shows that 54% of respondents believe that the "Big Seven" in the US stock market is the most crowded trade currently, while 45% of respondents think that the AI bubble is the biggest tail risk.

According to ChainCatcher news, as reported by Jin10, a survey of global fund managers by American Bank shows that bullish positioning is a headwind rather than a tailwind for risk assets, with an extremely low cash level of 3.7% seen as a "sell signal."

Odaily News Japan's Central Bank Governor Kazuo Ueda stated after his first bilateral meeting with Prime Minister Sanae Takaichi that the central bank is still gradually adjusting the degree of monetary easing, indicating a firm intention to raise interest rates. After the meeting, Ueda told the media: "The mechanism of inflation and wage growth is recovering. Therefore, I explained to the Prime Minister that we are gradually adjusting the magnitude of monetary easing." This meeting coincides with investors focusing on Takaichi's stance on monetary policy and awaiting details of the economic stimulus plan to be announced this week. Ueda said: "We discussed forex issues. The central bank will closely monitor its impact on the economy and work closely with the government." He also emphasized that the Bank of Japan will make appropriate policy decisions based on economic data. (Jin10)

Golden Finance reports that the Constitutional Court of Russia is about to rule on whether its citizens have property rights to stablecoins such as USDT issued by Tether. According to reports, experts have stated to the court that stablecoins linked to fiat currency do not fall under the category of digital financial assets (DFA), and the current regulations in Russia regarding "digital currency circulation" do not apply to USDT. Digital financial assets are a type of tokenized asset that has a special regulatory status in Russia. Alexey Guznov, the Deputy Governor of the Central Bank of Russia, stated in court: "From a conceptual perspective, what we are discussing here (stablecoin) is essentially a substitute for currency." This case is expected to establish a long-lasting legal precedent for future civil cases related to stablecoin ownership, with the final judgment to be announced before the end of this year. At the same time, Russian legislation

Goldman Sachs Asset Management's 2026 Investment Outlook report indicates a divergence in Central Bank policies. The Fed is expected to cut interest rates twice, the European Central Bank's interest rate is expected to remain unchanged, the Bank of England may cut rates in December, while the Bank of Japan may raise rates due to high inflation and strong growth.

Lloyds Banking Group will acquire the digital Wallet company Curve for about £120 million, although the valuation is lower than expected, disappointing investors. The Curve board believes this sale is the best option, and the CEO warned that without the deal, the company would face a funding crisis.

Golden Finance reported that Goldman Sachs stated that central banks around the world may have purchased a large amount of gold in November, continuing a trend over the years to diversify reserves to hedge geopolitical and financial risks. Goldman Sachs reiterated in a report that it expects gold prices to reach $4,900 by the end of 2026, and if private investors continue to diversify their portfolios, gold prices may rise further. So far this year, gold prices have risen by 55%, primarily driven by economic and geopolitical concerns, increased inflows into exchange traded funds, and expectations of further interest rate cuts in the U.S. Goldman Sachs estimates that central bank purchases in September were 64 tons, up from 21 tons in August.

BlockBeats news, on November 18, reported by The Block, investment bank TD Cowen analysts pointed out that with the federal government back in operation, the SEC will face a critical period in the next 12 months as the agency is working on formulating regulatory rules for the encryption industry. The TD Cowen Washington research team led by Jaret Seiberg stated in the report that after the longest government shutdown in history, the market focus has shifted to

BlockBeats news, on November 17, reported by Reuters, Morgan Stanley expects U.S. stocks to outperform global markets in 2026 and is optimistic about the performance of global equities relative to credit bonds and government bonds. The support logic comes from the growth of capital expenditures related to artificial intelligence and an improved policy environment. "Driven by the micro fundamentals, accelerated AI capital expenditures, and favourable information from policies, risk assets are well-prepared for strong performance in 2026," the Wall Street investment bank noted in a series of global economic and strategic outlook reports released on Monday. Despite the Trump administration's fluctuating tariff policies causing continued turbulence in global financial markets this year, most trade uncertainties are gradually dissipating as 2026 approaches. The bank predicts that 2026 will present a "moderate" global economic growth alongside deflation, but emphasizes that "uncertainty remains high, and the outcome range may be extremely divergent," while "the United States...

PANews, November 17 - According to Bloomberg, LevelField Financial Inc. has announced that it has received approval from the Illinois Department of Financial and Professional Regulation to acquire Burling Bank, headquartered in Chicago, and transform it into a full-service bank offering Crypto Assets services. This transaction still requires approval from the Federal Reserve Board of Governors. According to CEO Gene Grant II, LevelField aims to complete the transaction by the end of the year after obtaining regulatory approval and meeting other closing conditions. According to the application documents submitted to the Fed, LevelField agreed to spend up to $70 million to acquire the bank. This is the second attempt at a merger between the two parties. Earlier in early 2023, just before the collapse of SilverGate and Signature banks, LevelFie

The president of the Dutch Central Bank, Klaas Knot, warned that the European Central Bank may need to view stablecoins as a potential source of macroeconomic shocks, particularly the dollar-pegged stablecoins, which could have systemic effects on the European financial system, impacting financial stability and Inflation.

Gate News Bot message, on November 17, according to CoinMarketCap data, as of the time of writing, XPL (Plasma) is currently priced at $0.23, having fallen by 2.94% in the last 24 hours, with a highest of $0.31 and a lowest of $0.22, and a 24-hour volume of $160 million. The current market capitalization is approximately $407 million, a decrease of $12.3431 million compared to yesterday. XPL currently ranks 123rd in the Crypto Assets market capitalization leaderboard. Important news about XPL recently: 1️⃣ **Transfer of XPL token custody rights to enhance asset security** The Plasma project plans to transfer the custody of XPL tokens to the federally chartered crypto bank Anchorage within 48 hours. This move aims to enhance the security and compliance of XPL tokens, potentially boosting investment.

ChainCatcher news, according to Jin10 reports, European Central Bank policymaker Olaf Sleipner warned that a bank run on stablecoins could force the European Central Bank to reconsider the interest rate.

Japan's economy contracted for the first time since 2024 in the third quarter, with real GDP decreasing by 0.4% quarter-on-quarter and a year-on-year contraction of 1.8%. The main reasons are the decline in external demand and housing investment. Economists expect this contraction to be a temporary phenomenon, with the market likely to recover in the future.

ChainCatcher news, according to reports, Ma Zhitang, Vice President and Chief Information Officer of WeBank, stated that the bank plans to focus on developing Web 3 and artificial intelligence businesses in Hong Kong in the future, and aims to establish a local blockchain system and AML solutions that comply more with Hong Kong regulations.

According to ChainCatcher news and a report from 10x Research, the current Bitcoin price is below the 7-day and 30-day moving averages, indicating a bearish signal; the weekly decline is -6.7%, and it has fallen below the $100,000 mark due to large investors (whales) starting to sell, resulting in the largest weekly decline in months; the outflow of funds from the US spot Bitcoin ETF has surged, indicating weak institutional demand. In addition, the correlation between Bitcoin and the Nasdaq 100 index continues to show a negative skew, which means that during technology stock sell-offs, the fall in Bitcoin is greater than the rise in Bitcoin when technology stocks go up, exacerbating investors' cautious sentiment. Despite the presence of macro catalysts such as central bank interest rate cuts and ETF fund inflows, these factors have failed to create upward momentum due to weak fundamental demand.

According to Jinse Finance, Raphael Bostic, president of the Atlanta Federal Reserve Bank, hinted that while he supports the recent two rate cuts, he has not yet decided whether to approve another rate cut next month. Bostic stated at an event in Seattle on Friday: "I can accept the first two rate cuts, as for the next one, we will have to wait and see. I want to judge what kind of policy is most appropriate based on the data." Federal Reserve officials currently have serious disagreements on whether to continue cutting rates next month. So far this year, the Fed has cut rates by a total of 50 basis points. According to futures market pricing, investors currently believe that the probability of a 25 basis point cut at the December 9-10 meeting is slightly below 50%. Bostic pointed out that the current situation is challenging, as "we are not making progress towards our goals in either aspect of our dual mandate (i.e., employment and inflation)." Earlier this week, he stated that inflation remains a "more clear and pressing risk" in the economy.

According to ChainCatcher news and Jin10 reports, the latest global investor survey from Bank of America shows that investors' exposure to the US dollar has shifted to neutral for the first time since the beginning of the year, ending an eight-month bearish trend. The Bank of America team stated that this may partly reflect year-end risk constraints, while the absence of US data may also play a certain role. As data returns, market Fluctuation may intensify.

AllScale self-custodied stablecoin Digital Bank has launched on BNB Chain, offering low fees and fast payment services, allowing users to make global payments using stablecoins pegged 1:1 to the US dollar, primarily targeting small businesses and content creators.

Gate News Bot news, on November 14, according to CoinMarketCap data, as of the time of writing, XPL (Plasma) is currently priced at 0.23 USD, with a 9.19% fall in the last 24 hours, reaching a high of 0.35 USD and a low of 0.23 USD. The current market capitalization is approximately 423 million USD, a decrease of about 42.76 million USD compared to yesterday. Important news about XPL recently: 1️⃣ **Transfer of XPL token custody rights, enhancing asset security** The Plasma plan aims to transfer the custody of XPL tokens to Anchorage, a federally chartered crypto bank in the United States, within 48 hours. This move is intended to enhance the security and compliance of XPL tokens, potentially boosting investor confidence. However, in the short term, it may raise market concerns about the token's liquidity, affecting price performance. 2️⃣ *

Discovery Bank will become South Africa's first lending institution to integrate Crypto Assets on its mobile platform in December, allowing customers to trade Bitcoin and Ethereum through the app. This move is in collaboration with Luno, complies with local regulations, and includes safeguards.

Gate News Bot news, on November 14, according to CoinMarketCap data, as of the time of writing, BANK (Lorenzo Protocol) is currently priced at 0.05 USD, having fallen 32.05% in the last 24 hours, reaching a high of 0.14 USD and a low of 0.05 USD, with a trading volume of 197 million USD in the last 24 hours. The current market capitalization is approximately 28.2 million USD, a decrease of 13.3233 million USD compared to yesterday.

PANews, November 14 - According to a report by Bloomberg, the head of the Federal Deposit Insurance Corporation (FDIC) stated that the agency is developing tokenization deposit insurance guidelines to assist financial institutions in expanding their digital asset business. Acting Chairman Travis Hill stated that deposits transitioning from the traditional financial world to the blockchain or distributed ledger world should not change their legal nature. At the time Hill made this statement, all parties were debating a question: how should financial technology companies that are not directly covered by FDIC insurance fully compensate consumers for losses? Many financial technology companies collaborate with FDIC-insured banks to offer products that benefit from "pass-through deposit insurance" coverage, but once a partnered third party goes bankrupt, this protection may face challenges and be unable to effectively safeguard consumer rights. The U.S. government's deposit insurance fund is the cornerstone of the financial system, designed to protect depositors in the event of bank failures.

Golden Finance reports that European financial stability officials are discussing a plan to establish an alternative liquidity support mechanism to the Fed by integrating dollar reserves held by central banks outside the United States. The aim of this move is to reduce dependence on the U.S. during the Trump administration. The relevant consultations are still at the working group level and have not yet reached the decision-making level of the European Central Bank, involving multiple central banks both within and outside the Eurozone.

BlockBeats news, on November 14, European financial stability officials are discussing whether to create an alternative funding support mechanism to the Fed, which would centralize the dollars held by central banks outside of the United States. Under the Trump administration, central banks have been trying to reduce their dependence on the U.S. The related mechanism of the Fed provides dollar loans to other central banks, acting as a lifeline during times of market pressure to ensure global financial stability. Interviews with more than a dozen European central bank and regulatory officials reveal their concerns that these mechanisms could be "weaponized" by the Trump administration. European officials' concerns rose around April but subsequently decreased due to the assurances from the Fed. The practice of centralizing dollars faces practical difficulties and may not be feasible. White House spokesman stated that Trump has "repeatedly reaffirmed his commitment to maintaining the strength and influence of the dollar." (Jin10)

According to Foresight News, Aave Labs announced that its subsidiary Push has obtained authorization as a Crypto Asset Service Provider (CASP) from the Central Bank of Ireland under MiCAR. Aave Labs will soon launch regulated, zero-interest GHO and other stablecoin deposit and withdrawal channels integrated into Aave Labs products through its new service Push in the European Economic Area (EEA).

Foresight News reports that StakeStone has announced the completion of its brand upgrade and the release of White Paper 2.0. According to the content of the White Paper, in terms of technical architecture, StakeStone 2.0 adopts a combination of technologies such as account abstraction (EIP-7702), gasless payment, and social login. In terms of the settlement mechanism, StakeStone 2.0 introduces a "layered settlement" system, constructing differentiated settlement hierarchies based on different asset characteristics and trading scenarios, achieving a processing model of "trading is settlement, settlement is equity confirmation", aiming to provide near real-time processing capabilities for cross-border payments, peer-to-peer transfers, and machine micropayments. In terms of product functionality, the protocol features an on-chain yield layer.

Golden Finance reports that Grayscale announced its IPO listing details on the X platform. It is reported that the company's Class A common stock will be listed on the New York Stock Exchange under the ticker symbol "GRAY". Morgan Stanley, Bank of America Securities, Jefferies, and Cantor will act as the lead underwriters for the IPO issuance, with Wells Fargo Securities, Canaccord Genuity, Piper Sandler, Keefe, Bruyette & Woods, and Needham &.

According to Foresight News and reported by CoinDesk, the Czech National Bank (CNB) has announced the creation of a $1 million Crypto Assets test investment portfolio, which includes Bitcoin (BTC), dollar stablecoins, and tokenized deposits. The pilot project aims to test the processes related to the purchasing, holding, and managing of Blockchain-based assets, and the bank plans to share its experiences in the next 2-3 years. The bank stated that the total investment amount will not be actively increased, and this acquisition does not utilize the bank's existing International Reserve.

Odaily News The Monetary Authority of Singapore stated that only fully regulated and reserve-backed stablecoins can be used as settlement assets, while unregulated stablecoins have a mixed track record in maintaining their peg. Additionally, Singapore is preparing legislation and expanding the pilot scope of Central Bank digital money. (Cointelegraph)

According to ChainCatcher news and Jin10 reports, the dollar exchange rate fell on Thursday as traders remained cautious about the potential weak performance of data after the U.S. government reopens. The House passed a temporary funding bill to end the government shutdown, which was signed into law by Trump, allowing official data to be released again. Kristoffer Kjaer, head of forex and interest rate strategy at Danske Bank, pointed out that before the Fed's rate decision in December, up to three employment reports and two inflation data may be released, and the dollar is expected to rebound, prompting the Fed to abandon interest rate cuts in December.

According to a report by Jinse Finance, the Monetary Authority of Singapore (MAS) has signed a memorandum of understanding with the Deutsche Bundesbank to cooperate on cross-border Settlement of digital assets. According to the memorandum, both parties will collaborate on technological and financial innovations, including: developing new Settlement solutions to reduce the cost and processing time of cross-border transfers between Singapore and Germany; promoting universal standards for cross-border payments, foreign exchange, and securities liquidity involving tokenized assets to enhance interoperability among different digital asset platforms.

Gate News Bot news, on November 13, according to CoinMarketCap data, as of the time of this report, AVAX (Avalanche) is currently priced at $17.60, with a rise of 1.87% in the last 24 hours, reaching a high of $18.54 and a low of $15.67. The trading volume in the last 24 hours has reached $474 million. The current market capitalization is approximately $7.547 billion, an increase of $138 million from yesterday. AVAX currently ranks 20th in the global Crypto Assets market capitalization leaderboard. Important news regarding AVAX recently: 1️⃣ **Korea Agricultural Cooperative Bank Chooses Avalanche to Test Cross-Border Tax Refund System** One of South Korea's five major banks, NH Nonghyup Bank, has announced the launch of a proof of concept (PoC) for value-added tax (VAT) refunds based on stablecoins on the Avalanche blockchain.

Huaxia Fund (Hong Kong) has partnered with Bank of China Hong Kong, Futu Securities, and Standard Chartered Hong Kong to complete a tokenization fund subscription pilot under the Hong Kong Monetary Authority's Ensemble project. This pilot achieved successful interbank transfers of tokenized deposits and the subscription of money market funds, promoting the development of tokenized deposits and digital asset trading.

Gate News Bot news, on November 13, according to CoinMarketCap data, as of the time of writing, XPL (Plasma) is currently priced at 0.26 USD, with a 1.11% fall in the last 24 hours, hitting a high of 0.35 USD and a low of 0.25 USD, with a 24-hour volume of 213 million USD. The current market capitalization is approximately 462 million USD, a decrease of 5.21 million USD compared to yesterday. XPL currently ranks 111th in the crypto assets market capitalization. Important recent news about XPL: 1️⃣ **The custody rights of the XPL token will soon be transferred, enhancing asset security** The Plasma plan aims to transfer the custody of XPL tokens to the federally chartered crypto bank Anchorage within 48 hours. This move is intended to enhance the security and compliance of XPL tokens, potentially boosting investor confidence.

The Monetary Authority of Singapore plans to promote a secure tokenization financial ecosystem, launching a pilot for tokenized note issuance next year and developing regulatory legislation for stablecoins. The director stated that asset-backed tokens have not yet reached a mature stage, while also supporting the exploration of tokenized bank liabilities and stablecoin settlement projects.

Telcoin has obtained a charter from the Nebraska Department of Banking and Finance to launch the first digital asset custody institution in the United States, connecting U.S. bank accounts with the "Digital Cash" stablecoin, and its eUSD will become the first bank-issued on-chain dollar stablecoin.

PANews November 13 News, according to Cryptopolitan, despite the European Central Bank (ECB) and the European Systemic Risk Board (ESRB) issuing warnings about the potential threats of stablecoins to financial stability, the European Banking Authority believes that the existing cryptocurrency regulations in the EU are sufficient to address these risks. The authority's spokesperson acknowledged the risk of "potential large-scale redemption requests," but emphasized that the magnitude of the risk largely depends on the operating models and business scale of stablecoin issuers. Currently, the ECB and ESRB have called on Brussels to strengthen restrictions on stablecoin companies' operations within and outside the EU, especially to prohibit the "multi-issuance" model, which involves avoiding situations like the global stablecoin companies behind USDC or USDT, where tokens issued within the EU are mixed with tokens circulating in other regions. ESRB warned that if investors outside the EU suddenly redeem tokens issued within the EU,

Golden Finance reports that the Monetary Authority of Singapore (MAS) plans to launch a wholesale central bank digital currency (CBDC) testnet this week to support real-time tokenization experiments. This move will provide infrastructure for cross-border settlements and tokenized transactions. The testing adopts a hybrid approach, offering both wholesale CBDC and interoperability solutions connected with other DLT networks.

Golden Finance reports that Roberto Perli of the New York Federal Reserve Bank stated that the rise in overnight financing costs indicates that bank reserves are no longer sufficient. The Federal Reserve will "not be long" before purchasing assets to maintain an ideal level of liquidity. Perli said in a speech prepared for a conference co-hosted by the New York Fed on Wednesday that several indicators, including rising money market rates, "strongly suggest that reserves are no longer ample." Perli is responsible for the Federal Reserve's securities investment portfolio, known as the System Open Market Account (SOMA).

NH Agricultural Cooperative Bank has launched a stablecoin-based value-added tax refund proof of concept on the Avalanche blockchain, aiming to test a real-time refund and settlement system for inbound tourists. The project collaborates with multiple companies, utilizing smart contracts and stablecoins to improve the efficiency of the refund process. The pilot does not involve real funds or customer data.