[Dubai Financial Sector Reform Focuses on Virtual Assets, Aiming to Increase Contribution Rate to 3%] Dubai has recently launched a comprehensive financial sector reform plan, aiming to rank among the world's top three financial centers. According to the 'Dubai Financial Sector Strategy' framework released by the Dubai Government Media Office, virtual assets, capital markets, and financial technology have been identified as the three key pillars for future economic growth. Dubai plans to further solidify its leading position in the virtual asset sector by accelerating digital asset development and promoting the digital transformation of traditional finance. Currently, the virtual asset industry contributes approximately 0.5% to Dubai's GDP, equivalent to 2.2 billion dirhams (about $600 million). The Dubai government has set a target to increase this proportion to 3%, or 13 billion dirhams (about $3.5 billion), to drive the scaled development of the virtual asset ecosystem.
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More >Wall Street Community Live Streaming: Coin Circle Rebound! Regulatory benefits+institutional increase, BTC/ETH sprint to new highs? Should we maintain the current bearish trend?
Click on the link to enter the meeting: https://meeting.tencent.com/p/6321551049 Today's cryptocurrency news exploded: 1: The US Senate is pushing forward with a cryptocurrency bill, lifting the ban on staking rewards, and institutions are crazily buying BTC/ETH, with total holdings breaking records! Although 340B was wiped out last week, the probability of the government shutdown ending is 84%, with a liquidity injection of $150B+and a rebound in the fear of corruption index. 2: BTC RSI neutral, potential bottom divergence; ETH staking rate is 32.8%, DeFi TVL is stable. Short term rebound probability of 70%, target BTC 110K, ETH 4K! 3: The release of CPI data is approaching, and it is still necessary to continue monitoring traders' bets on the direction of interest rate cuts in December; The current long short game is severe! 4: Balancing hackers and quantum threats have caused overall market panic and short-term drag on BTC due to capital outflows. Tonight's live broadcast will discuss strategies and deviation techniques. Welcome to interact and don't regret missing out! Meeting number: 6321551049 Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.
Franklin Templeton Expands Benji Technology Platform to Canton Network
The move links traditional finance infrastructure with blockchain rails as major institutions push deeper into tokenized markets.
美国财长澄清特朗普退税计划及关税红利讨论
[U.S. Treasury Secretary Clarifies Trump's Tax Rebate Plan and Tariff Dividend Discussion] On November 12, U.S. Treasury Secretary Besent stated that the $2,000 tax rebate mentioned by President Trump is aimed at households with an income of less than $100,000. The large-scale tax rebate is expected to be distributed in early 2026. The method of distributing the tariff dividends is still under discussion, and no decision has been made yet. Previously, on November 9, Trump stated that the U.S. economy is performing strongly and that at least $2,000 in dividends would be paid to each person, excluding high-income groups.
US Treasury Secretary: A large amount of tax refunds will be issued in early 2026
US Treasury Secretary Bessent stated that a significant amount of tax refunds will be issued in early 2026. (Watcher.Guru)
分析师称美联储降息或降低对冲成本,美元明年或下跌
[Analyst Says Fed Rate Cuts May Lower Hedging Costs, Dollar Could Fall Next Year] ING analyst Chris Turner stated in a webinar that expectations of further rate cuts by the Federal Reserve could lower hedging costs, potentially leading to a decline in the dollar next year. He noted that lower interest rates would make it cheaper for European investors to hedge U.S. asset costs, which could increase the hedging ratio of dollar assets and weigh on the dollar exchange rate. ING expects the Federal Reserve to cut rates by 75 basis points and predicts that the euro will rise to 1.22 by the fourth quarter of 2026, driven by expectations of German fiscal stimulus or accelerated economic growth in the eurozone.