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- 17:33Emma Reynolds has been appointed as the UK's Economic Minister in charge of regulating digital assets and CBDCThe UK government has announced the appointment of Emma Reynolds to replace Tulip Siddiq, who resigned over a corruption scandal, as the new Economic Minister. She will be responsible for overseeing digital assets, central bank digital currency (CBDC), and broader financial affairs. (CoinDesk)
- 16:51Federal Reserve Williams: The variable in the neutral interest rate view lies in the significant increase in debt levelsFederal Reserve Williams: The variable in the neutral interest rate view lies in the significant increase in debt levels. Higher government debt may have increased the estimated value of the neutral interest rate. The view on neutral interest rates is not a big issue when formulating monetary policy. The Federal Reserve needs to understand these policies before responding to new government policies.
- 16:40Vitalik: We need to ensure that a large amount of financial activity takes place in a completely open environmentVitalik posted on the X platform, stating that Soneium has effectively demonstrated the benefits of Ethereum L2 for businesses and users. Businesses can make very detailed choices about how much control to retain and give to users, but whatever rules they choose are still rules. Everything is on-chain, transparent, and can be audited by a third party. Vitalik added: You can create a system that lets users know they can send transactions on L2 when needed; sorters may limit but cannot censor. As an ecosystem, what we need to pay attention to is ensuring that a large amount of financial activity takes place in a completely open environment and there are enough tools available for users to understand the properties of their on-chain environment.