Hong Kong Securities Regulatory Commission responds to counterfeit money security SMS fraud case: no hesitation in taking action against any violations, but does not comment on individual cases

[Traders Bet on Further Fed Rate Cuts in December] On October 30, traders bet that the Federal Reserve will further cut rates in December, leading to a decline in U.S. short-term interest rate futures.

[The Federal Reserve Announces the End of Quantitative Tightening Policy on December 1] The Federal Reserve's Federal Open Market Committee (FOMC) has issued a statement, deciding to officially end the balance sheet reduction plan on December 1, 2025. Currently, the Federal Reserve is reducing $5 billion in U.S. Treasury securities (UST) and $35 billion in mortgage-backed securities (MBS) each month. This policy adjustment marks a significant shift in the Federal Reserve's monetary policy and may have profound impacts on market liquidity and asset prices.

[Federal Reserve Interest Rate Cap Adjusted to 4%, In Line with Expectations] As of October 29, the Federal Reserve interest rate cap in the United States is set at 4%, in line with the expected 4.00%, with the previous value being 4.25%.

[The Federal Reserve lowers the benchmark interest rate by 25 basis points, in line with expectations] The Federal Reserve announced a 25 basis point reduction in the federal funds rate to 3.75%~4%, in line with expectations.

[Coinbase to Launch Meteora Perpetual Contracts on October 30] Coinbase announced that it will launch Meteora (MET) perpetual contracts on October 30, with the MET-PERP market expected to open at 16:00 (UTC) or later on the same day. The exact launch time will depend on whether liquidity conditions are met and whether the trading region supports the relevant market.